Deals round-up | Project Etopia, IOTAS, ZapFloorHQ

PlaceTech has agreed an annual partnership with major regional investor and developer Bruntwood Works.

Construction task management, blockchain based real estate software, and India's largest flex-space technology platform.

The global coworking giant has acquired three-year-old Spacious, a startup which offers flexible workspaces in restaurants and vacant retail spaces.

Large flexible office group IWG is in talks to list its US business to compete with rival WeWork, which filed its IPO plan this month.

Knotel will use the financing to grow its footprint in existing markets and continue expansion into the world’s largest cities.

The filing revealed a net loss of $690m in the first half of this year for the office trend-setter.

The first half of 2019 saw the continued rise of flexible space, with some of the largest property firms plunging headfirst into the market to compete with operators such as WeWork. Nicola Byrne asked Justin Harley, regional director of software giant Yardi’s coworking team, for his views on the current market after 18 years in the sector.

The cloud software used by flexible office operators announced its revenues have jumped by 25%, after listing on the London Stock Exchange earlier this year.