Space&Co.

What Space&Co. does

Space&Co. is a flexible workspace brand operated by GPT Group (ASX: GPT), a major Australian Real Estate Investment Trust, providing move-in ready co-working, dedicated desks, private offices, meeting rooms, workshop rooms, boardrooms, and event spaces in prime CBD locations across Melbourne, Sydney, Brisbane, and Parramatta. The product suite spans 1-person Day Passes ($60 per person per day, with no lock-in membership) through Dedicated Desks (1-20 people) and Private Offices (1-60 people), with meeting and event capacity extending up to 150 people. All spaces feature business-grade technology, natural light, ergonomic furniture, and secure storage, supported by on-site location managers and a dedicated Technology Manager responsible for in-building tech systems.

Revenue is generated through a combination of recurring monthly subscriptions (Dedicated Desks and Private Offices) and usage-based pricing (Day Passes, Meeting/Event Spaces billed by the hour, half day, or full day), with optional catering add-ons. The go-to-market combines direct field sales led by Regional Managers and specialized Sales Executives (covering Melbourne, Sydney CBD/Parramatta/Brisbane, and Meetings & Events) with self-serve online booking for lower-friction purchases such as Day Passes and meeting rooms.

The customer base is horizontally segmented across startups, SMEs, mid-market firms, and enterprise tenants (named logos include Equiem, Arcadis, Samsung C&T, ADM Group, One Focus, Archangel Wealth, Macroplan, and CulturAlchemy) spanning real estate, professional services, architecture, wealth management, consulting, construction, and culture verticals. As a sub-brand of GPT Group, Space&Co. benefits from the parent's listed-company credibility, capital base, and owned CBD real estate, while operating with a small dedicated team led by a Head of Flexible Workspaces. The brand is explicitly tied to GPT's office portfolio strategy and is complemented by a sibling sub-brand, GPT Fitted Suites.

Name

Space&Co.

Legal name

GPT Group

Website

https://spaceandco.com.au

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Space&Co. is a flexible workspace brand of Australian REIT GPT Group, offering Day Passes, dedicated desks, private offices, and meeting/event spaces in prime CBD locations across Melbourne, Sydney, Brisbane, and Parramatta for startups, SMEs, and enterprise tenants.

Ownership category

akta.pro rank

Product category

Flexible Workspace & Coworking

NAICS

Facilities Support Services (561210)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)

akta.pro secondary industries

Workplace Strategy & Space Standards (BPABAFAA), Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

Keywords

• Flexible workspace
• Coworking spaces
• Private offices
• Meeting rooms
• Event spaces

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Flexible Workspace Rental: Revenue from renting move-in ready office spaces including Day Passes, dedicated desks, and private lockable offices. No lock-in membership for Day Passes enables flexible trial and conversion to longer-term commitments.
2. Meeting & Event Space Hire: Hourly, half-day, and full-day rental of meeting rooms, workshop rooms, boardrooms, and event spaces with flexible packages and optional catering.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Space&Co. operates a network of premium flexible workspaces across Melbourne, Sydney, Brisbane and Parramatta, renting move-in ready co-working desks, dedicated workstations, private lockable offices, and a range of meeting, workshop, boardroom and event spaces on hourly, daily and monthly terms. The offering is supported by business-grade technology, ergonomic furniture, natural-light interiors, optional catering, and a member community with regular social events.

Product overview

GPT Space&Co is a premium flexible workspace platform offering a unified suite of workspace solutions across Melbourne, Sydney, and Brisbane. The portfolio includes Day Pass, Dedicated Desk, and Private Office products for different occupancy needs (1-60 people), complemented by Meeting Room, Workshop Room, Boardroom, and Event Space options for meetings and events (1-150 people). All spaces feature business-grade technology, natural light, and ergonomic furniture, with flexible booking options by the hour, half day, or full day, plus tailored catering.

Differentiator

Problem solved

Functional benefit

Brands

• GPT Fitted Suites: Fully fitted and equipped office suites offered as part of GPT's flexible workspace solutions.

Products and services

• Day Pass Open-plan co-working space bookable by the day from $60 per person, with no lock-in membership, targeted at business travellers, occasional co-workers and prospects trialling longer-term workspace.
• Dedicated Desk Permanent dedicated workstation in an open plan workspace with natural light and business-grade technology, offered as a monthly subscription for teams of 1-20 people.
• Private Office Fully secure, private lockable offices with natural light, business-grade technology, secure storage space and ergonomic furniture, offered as a monthly subscription for teams of 1-60 people.
• Meeting Room Intimate meeting rooms bookable by the hour, half day or full day for teams of 1-20 people, furnished with exceptional amenities for shorter meeting needs.
• Workshop Room Versatile spaces for workshops, seminars and events accommodating 8-50 people, designed with technology and collaboration in mind, bookable by the hour, half day or full day.
• Boardroom Spacious and comfortable boardrooms for presentations and longer meetings accommodating 10-26 people, equipped with cutting-edge technology, bookable by the hour, half day or full day.
• Event Space Large event spaces accommodating 60-150 people for corporate events, designed to create memorable experiences, with tailored catering options available.

Named customers8 records

Segments4 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

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Stone & Chalk: Australian innovation-hub and coworking operator focused on startups and scale-ups in fintech, healthtech and emerging verticals. Adjacent rather than head-to-head: comparable meeting and event space, but anchored in ecosystem and accelerator programs rather than generic flex office.

Direct peers

• CreativeCubes.Co: Australian coworking operator with premium CBD locations in Melbourne and Sydney targeting SMEs, startups and enterprise flex tenants. Highly comparable product stack including dedicated desks, private offices and event space.
• Spacecubed: Perth-headquartered Australian coworking and innovation-hub operator with locations in WA and NSW. Comparable product offering focused on flexible workspace and community events for startups and SMEs.
• WeWork: Global premium coworking operator with Australian locations in Sydney and Melbourne. Competes directly for enterprise flex mandates and meeting-room bookings in the same CBD submarkets.
• Hub Australia: Australian-founded premium coworking and flex-space operator with locations across Sydney, Melbourne, Brisbane and Adelaide. Competes directly with Space&Co. for the same SME and enterprise tenants in identical CBD markets with a similar day-pass, dedicated-desk and private-office product stack.
• The Office Space: Australian boutique serviced-office operator in Sydney and Melbourne CBDs offering private offices, meeting rooms and virtual offices. Directly competitive for SME and mid-market flex tenants in the same premium markets.
• Spaced: Australian co-working and serviced-office operator with locations in Sydney and Melbourne, focused on SME tenants with month-to-month flexible terms. Comparable day-pass, dedicated-desk and meeting-room product mix.
• Servcorp: ASX-listed global provider of serviced offices, virtual offices and coworking, with strong Australian CBD presence. Competes directly for premium-tier SME and enterprise tenants and is also listed on the ASX, mirroring GPT Space&Co.'s premium CBD positioning and meeting-room product.
• WOTSO WorkSpace: ASX-listed Australian flex-space operator with CBD and suburban locations across multiple states. Targets the same startups, SMEs and enterprise flex customers with a comparable mix of dedicated desks, offices and meeting rooms.

Broad incumbents

• IWG (Regus / Spaces): Global flex-space incumbent operating Regus, Spaces and Signature brands across hundreds of Australian CBD and suburban locations. Broader scale and brand variety but significant direct overlap with Space&Co.'s serviced-office and meeting-room offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/spacecomel

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 Space&Co.