{"id":1004293199,"date":"2019-01-21T05:45:02","date_gmt":"2019-01-21T13:45:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004293199"},"modified":"2019-01-21T07:51:13","modified_gmt":"2019-01-21T15:51:13","slug":"knotel-expands-in-france","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/knotel-expands-in-france\/","title":{"rendered":"Knotel Grows Presence in Europe"},"content":{"rendered":"<div id=\"attachment_1004287397\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/Eugene-Lee.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004287397\" data-attachment-id=\"1004287397\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/executive-spotlight-eugene-lee-knotel\/eugene-lee-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/Eugene-Lee.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Eugene Lee\" data-image-description=\"&lt;p&gt;Eugene Lee, Global Head of Real Estate and Business Development, Knotel&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Eugene Lee, Global Head of Real Estate and Business Development, Knotel&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/Eugene-Lee.jpg?w=800\" class=\"wp-image-1004287397 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/Eugene-Lee.jpg\" alt=\"Eugene Lee, Global Head of Real Estate and Business Development, Knotel\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/Eugene-Lee.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/Eugene-Lee.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/Eugene-Lee.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004287397\" class=\"wp-caption-text\">Eugene Lee, Global Head of Real Estate and Business Development, Knotel<\/p><\/div>\n<p>Knotel continues its international growth strategy with the acquisition of a majority interest in Deskeo, France\u2019s leading operator of flexible office space. The purchase expands the offerings of the New York-based agile workspace platform with the addition of 20 locations in Paris.<\/p>\n<p>Deskeo made its debut in 2016 and today, the startup has a presence across Paris and its surrounding suburbs. The company counts such businesses as Shell, Claranet, Banque Travelex and President Macron\u2019s En Marche among its clients.&nbsp;<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/executive-spotlight-eugene-lee-knotel\/\">Knotel is in growth mode<\/a> and Deskeo fits the company\u2019s acquisition criteria to a tee. <em>\u201cWe look for two key things. We look for companies who have established a strong presence in the local market and will greatly benefit from Knotel&#8217;s ability to scale and deep industry expertise,\u201d<\/em> Eugene Lee, Knotel\u2019s global head of real estate &amp; business development, Knotel, told <em>Commercial Property Executive<\/em>. <em>\u201cWe also look for companies with seasoned leadership teams that can 10x the business with us.\u201d <\/em>Frank Zorn and Benjamin Teboul, founders of Deskeo, will take executive positions at Knotel, leading operations in France.<\/p>\n<h2><strong>More to come<\/strong><\/h2>\n<p>Knotel\u2019s acquisition of Deskeo comes just over six months after its purchase of Ahoy!Berlin, an operator of nautical-themed workspace in Germany. Knotel\u2019s international footprint also includes London and Brazil. In the U.S., the company <a href=\"https:\/\/www.commercialsearch.com\/news\/knotel-expands-in-nyc-with-4-new-leases\/\">continues to grow rapidly in New York<\/a>, and boasts a presence in San Francisco and Los Angeles as well. Altogether, Knotel\u2019s portfolio of flexible office space totals more than 2.5 million square feet\u2014for now.<\/p>\n<p><em>\u201cRoughly 30 cities around the world account for 50 percent of&nbsp;business flow, and most offer enough density in their core business districts for us to&nbsp;establish critical mass. Those are the places we want to be, because that\u2019s where companies&nbsp;want us to be,\u201d<\/em> Lee said.<\/p>\n<p><em>Image courtesy of Knotel<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the acquisition of Deskeo, France\u2019s leading operator of flexible office space, the company has expanded its footprint, adding 20 locations in Paris.<\/p>\n","protected":false},"author":969,"featured_media":1004287397,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,16,21783,21742,21747],"tags":[42461,43382,42248],"class_list":["post-1004293199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-international","category-investment","category-latest","category-office","tag-coworking","tag-eugene-lee","tag-knotel"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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