Yardi Expands Market Reach with Acquisition of Workspace Platforms Deskpass and Hubble

Yardi Expands Flexible Workspace Network with Recent Acquisitions



In a significant move for the real estate technology sector, Yardi®, known for its innovative solutions, has announced the acquisition of two prominent platforms, Deskpass based in the U.S. and Hubble in the U.K. This strategic decision is aimed at enhancing Yardi's offerings in response to the growing demand for flexible workspace solutions, especially as businesses adapt to the realities of remote and hybrid work environments post-pandemic.

With over 40 years of experience, Yardi has positioned itself as a key player for building owners, operators, and occupants, now further solidified by the inclusion of these two platforms. Deskpass is celebrated as the leading booking service for coworking spaces in North America, while Hubble stands out in the U.K. market as a top online marketplace catering to flexible workspaces. This synergy enables Yardi to provide comprehensive solutions that facilitate easy access to various workspace options, including desks, meeting rooms, and offices tailored for both individuals and companies.

The evolving nature of work necessitates flexible arrangements that align with the specific needs of employees and businesses. Companies are increasingly finding themselves in need of flexible spaces that cater to a range of work styles, from fully remote operations to hybrid models. In this context, the merger with Deskpass and Hubble represents a timely response to these trends. Combining their advanced platforms with existing Yardi products such as Yardi Commercial and Yardi Kube ensures a robust technology backbone that supports a diverse array of workspace usage.

Enhancing User Experience



The two newly acquired platforms significantly enhance Yardi's capabilities. Deskpass allows users to seamlessly book desks and meeting spaces across its extensive network of partner locations. This user-friendly approach simplifies the process for businesses seeking on-demand access to flexible work options. Concurrently, Hubble offers various contracting options that resonate with the dynamic requirements of modern businesses. It connects various types of workspaces—from co-working desks to managed offices—making it an invaluable resource for both small enterprises and large organizations.

In addition to improving user-friendliness, Yardi's CoworkingCafe platform emerges as a powerful marketplace, featuring more than 21,000 locations worldwide. This comprehensive listing not only enhances marketing reach for space operators but also integrates seamlessly with Yardi Kube's management functionalities, which cover everything from billing to membership management.

Strategic Vision for Growth



Robert Teel, president of Yardi Global Solutions, expressed optimism regarding these acquisitions, emphasizing the importance of creating a global infrastructure to connect office users with prime spaces from elite office owners and coworking providers. His enthusiasm reflects Yardi's commitment to addressing the complexities of today's workspace demands.

The leaders of Deskpass and Hubble share this excitement. Tushar Agarwal, CEO and co-founder of Hubble, reiterated the company's goal of providing accessible and adaptable workspace solutions for businesses, an objective that will benefit from Yardi's resources and global reach. Sam Rosen, CEO of Deskpass, echoed this sentiment, highlighting the alignment of Yardi's vision with their mission to enhance access to quality workspace solutions, available round the clock.

A Promising Future



Yardi's acquisition of Deskpass and Hubble not only consolidates its position as a leader in the flexible workspace market but also signifies a broader industry trend toward adaptable work environments. As remote and hybrid working models continue to solidify their presence, the need for innovative solutions that fuse technology with practicality becomes increasingly crucial. With these acquisitions, Yardi is well-poised to lead the charge in redefining how workspace is accessed and utilized in a post-pandemic world.

As the real estate landscape transforms, Yardi's ongoing collaboration with workspace providers and technology partners will be essential in ensuring superior experiences for all users, aligning their offerings with the ever-evolving demands of the modern workforce.

Topics Business Technology)

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