Premium global co-working operator on an accelerated
growth path

Special Situation


Mindspace is a premium global co-working operator on an accelerating growth path

Crossroads is the largest individual shareholder and takes an active role in the management and business of the Company

Asset type
Global Co-Working
Europe, Israel, North America

Investment Highlights

  • Capitalise on broader shift towards flexible office space / co-working
  • Grown to 46 locations across 23 cities and 7 countries
  • Launched income diversification and ancillary revenue streams
  • Early stage investment and sourced off-market
  • Leveraging our hospitality expertise in a “office hospitality” play


Growth in operating locations
  • Expanded to 46 locations globally across 23 cities and 7 countries with 10 further locations signed and due to open in the next 18 months
Innovative risk management practices
  • Minimising operational risk through portfolio expansion utilising hybrid lease agreements with landlords in which a below market base rent is agreed along with a share of the upside
Income diversification initiatives
  • Disciplined underwriting with a data driven approach, incorporating macroeconomic trends and proprietary information
  • Host is Mindspace's new event product, offering a turnkey solution to host events in spaces that are considered solely amenities for members
  • Activate is a premium tenant experience offering designed to deliver hospitality-grade managed services to commercial buildings


Collective impact
  • Taking steps to have a collective impact at its locations
  • Mindspace introduced seven environmental and social initiatives
Energy efficiency measures
  • Significant measures have already taken place at certain Mindspace locations
  • Mindspace are committed to measuring and reducing its carbon emissions