CBRE Group, a major real estate services firm, has acquired the remaining 60% stake in Industrious, a co-working company, valuing the company at approximately $800 million. This deal signals a renewed interest in shared workspaces within the property market, as more employees return to the office.
Industrious boasts a portfolio of over 200 locations across more than 65 cities worldwide. It provides flexible office space solutions to businesses of various sizes. CBRE's move reflects a broader trend of investment in the co-working sector.