SOHO

What SOHO does

SOHO Office Space Malta is Malta's largest serviced office and coworking space provider, operating over 5,000 square meters across three business centres in the country's prime commercial corridors: The Strand (Gzira, flagship opened October 2019), Savoy Gardens (Gzira, opened May 2019), and St. Julian's in Paceville (original location, 2013). The company was founded in 2013 by Danish entrepreneurs Michael Pedersen and Kris Petersen, who identified unmet demand for flexible, professionally-managed workspace in Malta's iGaming, fintech, and SME clusters. SOHO serves a member base of 850+ professionals spanning iGaming operators and B2B gaming suppliers (where MGA licensing creates structural demand for genuine Malta-based physical presence), fintech firms (Zimpler, CityFALCON), insurance entities (Accelerant Insurance), marketing agencies, consultants, freelancers, and early-stage startups.

The product portfolio is built around four revenue streams: (1) subscription-based workspace memberships — Private Offices from €600/month, Dedicated Desks from €325–550/month, Hot Desks from €215/month, with all-inclusive amenities (gym, sauna, kitchen, 24/7 access, meeting room credits); (2) Business Presence / virtual office plans at €65/month (Silver) and €99/month (Gold), the latter including a Certificate of Incumbency required by most Maltese banks for corporate account opening; (3) usage-based meeting and event space rentals (€7.50–€50/hour for meeting rooms, dedicated event venues across all three locations); and (4) ancillary services including in-house catering, daily/monthly lunch subscriptions, and an Enterprise Solutions division offering turnkey relocation services for international companies entering Malta with 60+ employees. Member experience is supported by a branded mobile application (iOS/Android) running on the Officernd coworking management platform, enabling self-service room booking, community messaging boards, and member directory access. Go-to-market is community-led, anchored by the recurring SOHO TALKS event series and a curated Preferred Partner referral network of Maltese legal, accounting, banking, insurance, and real estate providers — an arrangement that simultaneously drives new-member acquisition and deepens switching costs for existing tenants.

SOHO is a privately held, bootstrapped Malta-domiciled company (PPO Invest Ltd.) with 11–50 employees. No external institutional investment has been disclosed. Revenue is not publicly reported. Distribution is entirely direct-to-consumer (no resellers or franchise model), with self-service online booking for hot desks and meeting rooms, and consultative sales for private offices and enterprise deals. The company has signaled intent to expand the SOHO brand into international business cities, though no concrete geographies or timelines have been disclosed.

Name

SOHO

Legal name

PPO Invest Ltd.

Website

https://sohomalta.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

SOHO is Malta's largest serviced office and coworking provider, operating 5,000+ sqm across three prime locations and serving 850+ members in iGaming, fintech, and professional services with flexible workspace, virtual office, and enterprise relocation solutions.

Ownership category

akta.pro rank

Product category

Serviced Office and Coworking Space

NAICS

Facilities Support Services (561210), Office Administrative Services (5611), Other Services to Buildings and Dwellings (56179)

SIC

Services-Facilities Support Management Services (8744), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

akta.pro secondary industries

Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK), Workplace Hospitality & Office Services (Pantry, Refreshments, Supplies) (BPABAEAF), Office Services & Supplies Management (Stationery, Inventory, Vendor Coordination) (IMAIALAH)

Keywords

• Serviced office space
• Coworking solutions
• Virtual office Malta
• Meeting room rental
• Business relocation services

Headquarters

HQ city

Valletta

HQ country

Malta

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Workspace Membership Subscriptions: Monthly recurring revenue from private office, dedicated desk, and hot desk memberships. Private offices range from €600/month, dedicated desks from €325-550/month, hot desks from €215/month. All-inclusive model covering workspace, internet, utilities, and amenities.
2. Meeting Room Rentals: Hourly rental of meeting rooms and Skype rooms at all three locations. Rates range from €7.50-50/hour for meeting rooms (discounted member rates), with Skype rooms free for members and €7.50/hour for non-members.
3. Catering Services: In-house catering for events and daily lunch service. Lunch plans available at €15/day (VAT inclusive) or monthly subscription at €218/month (VAT inclusive). Event catering packages include breakfast, lunch, BBQ, and open bar options.
4. Business Presence (Virtual Office): Virtual office services providing registered Malta business address. Silver plan at €65/month includes address and mail handling; Gold plan at €99/month adds Certificate of Incumbency. Both operate on lease agreement basis for banking/KYC compliance.
5. Enterprise Relocation Services: Turnkey solutions for businesses relocating to Malta, including workspace arrangement, employee relocation support, real estate search for larger operations (60+ employees), and headquarters construction/outfitting services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

SOHO Malta operates flexible serviced office and coworking space across three business centres (5,000+ sqm) in Gzira and St. Julian's. Its portfolio includes fully furnished private offices (from €600/month), dedicated desks (€325–550/month), hot desks (from €215/month), Business Presence virtual office plans (€65–99/month), bookable meeting rooms, event venues, and in-house catering. Enterprise Solutions covers full relocation support for international companies establishing Malta operations.

Product overview

SOHO is Malta's largest serviced office and coworking space provider, offering a portfolio of workspace solutions designed for businesses of all sizes. The core offering consists of Private Offices (enclosed lockable workspaces from €600/month), Coworking Spaces with Dedicated Desks (€325/month) and Hot Desks (from €215/month), and Business Presence/Virtual Office plans (€65-99/month) for company registration and mail handling. The portfolio is complemented by bookable Meeting Rooms, Event Spaces for corporate functions, Catering Services, and an Enterprise Solutions division for large-scale relocations. All memberships include access to amenities (gym, sauna, kitchen), community events (SOHO TALKS networking series), and the SOHO Office Space mobile app. The company operates three locations across Malta: The Strand in Gzira (flagship, opened October 2019), Savoy Gardens in Gzira (opened May 2019), and St. Julian's in Paceville (original flagship, established 2013).

Differentiator

Problem solved

Functional benefit

Products and services

• Private Office

Quantifiable outcome

• No deposit or fit-out costs vs. €5,000-€20,000+ for traditional commercial office
• +1 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Financial Services PartnerscoreOthersPreferred partners providing business banking accounts, accounting services, tax services, and auditing. These partners assist SOHO members with Malta company formation and ongoing compliance. Best suited for companies or individuals seeking established banking solutions.
• Corporate Services PartnerscoreImplementation/ SI/ Consulting PartnerPreferred partners for company formation, legal services, risk & compliance, and advisory. These partners guide SOHO members through MGA licensing applications, Malta Business Registry registration, and ongoing regulatory compliance requirements.
• Insurance PartnersminorOthersPreferred partners offering private hospital insurance, international health insurance plans, and private clinic plans. Exclusive rates available to SOHO community members.
• Real Estate PartnersminorOthersPreferred partners for commercial rent and sale, retail services, and local office search. Provide exclusive access to prestigious commercial and residential properties in Malta for businesses requiring larger-scale or custom workspace solutions.
• Corporate Lawyers and Licensing ConsultantscoreImplementation/ SI/ Consulting PartnerSpecialist corporate lawyers and company formation agents who have guided multiple gaming companies through MGA application process. SOHO refers members requiring legal and licensing support to these partners.
• Accountants and Tax AdviserscoreImplementation/ SI/ Consulting PartnerSpecialist tax advisers familiar with Malta's refund system and iGaming sector tax treatment. Provide guidance on corporate structure and applicable tax rates for gaming companies.

Scale indicators4 records

Recent moves10 records

Expansion highlights3 records

Broad incumbents

• IWG (Regus): Global serviced office and coworking giant with thousands of locations worldwide including Regus, Spaces, HQ, and Signature brands. Directly comparable business model (flexible workspace subscriptions) at vastly greater scale; competes for enterprise and SMB tenants in every major market including Malta.
• Convene: Premium meeting, event and flexible workspace provider with locations in major US and UK cities. Comparable meeting room and event space revenue stream and enterprise tenant focus, though operates at higher price points with stronger meeting/event weighting than SOHO.

Direct peers

• The Executive Centre: Premium serviced office and coworking provider primarily across Asia-Pacific serving multinational corporates and regulated-sector tenants. Comparable business presence / virtual office offering and emphasis on enterprise-grade compliance for banking and licensing.
• Spaces: IWG-owned creative workspace brand offering flexible offices, coworking and meeting rooms globally. Comparable subscription-based product mix with emphasis on community events and creative design aesthetic similar to SOHO's Scandinavian-inspired interiors.
• Mindspace: Premium coworking operator with locations across Europe, the US and Israel offering private offices, dedicated desks, and tailored enterprise solutions. Comparable focus on design-led workspace, enterprise relocation services, and community programming.
• Industrious: Premium flexible workspace provider offering private offices, coworking, meeting rooms and virtual office services with enterprise-grade amenities. Comparable all-inclusive pricing model and target on professional services and regulated-vertical tenants.
• WeWork: Global coworking operator offering private offices, dedicated desks, hot desks, meeting rooms and event spaces on subscription. Closely comparable product offering, customer segments (startups, freelancers, enterprise), and community-led positioning.

Emerging players

• Work.life: UK-based flexible workspace operator offering coworking, private offices and meeting rooms with a community-led, design-focused approach. Comparable target on startups, freelancers and SMEs with all-inclusive pricing and amenity bundles.
• Hubud: Bali-based coworking operator with strong community programming and event-driven member engagement. Comparable focus on freelancer/digital-nomad segments and community-led growth model, though operates at smaller scale and in a tourist destination.

Regional players

• Compass Offices: Premium serviced office operator across Asia-Pacific and Middle East offering private offices, coworking, virtual offices and meeting rooms. Comparable product mix and target on regulated-sector tenants requiring compliant physical presence, though geographically distant from Malta.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UClXF5NTQuSzZiGKmNf-BrLw/featured
• Facebookfacebook.com/SohoOfficeMalta
• LinkedInlinkedin.com/company/soho-office-malta
• Instagraminstagram.com/sohomalta

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SOHO