CitySpace

What CitySpace does

CitySpace is a Polish operator of flexible office space, part of the Echo Investments capital group. Founded in 2015 and headquartered in Warsaw, the company manages 13 locations spanning more than 27,000 square meters across five of Poland's largest commercial markets: Warsaw, Wroclaw, Krakow, Lodz, and Katowice. Its product portfolio covers six service lines — serviced offices (fully furnished private offices for teams of 1 to 150+), coworking (hot desks and dedicated desks), meeting and conference rooms, virtual offices for business registration, Flex Access (network-wide multi-location access), and event/photo shoot rentals. All services are delivered in Class A buildings with multilingual reception, high-speed internet, and on-site office managers.

The company's technology layer centers on the CitySpaceApp (iOS and Android), which enables self-serve booking, reservation management, and on-demand space access without contracts. Pricing follows a hybrid model: subscription-based recurring revenue for serviced offices, coworking memberships, virtual offices, and Flex Access, complemented by usage-based fees for meeting rooms, events, and photo shoots. The all-inclusive single-invoice model bundles rent, utilities, internet, reception, cleaning, and kitchen amenities. Distribution is split between dedicated city-level Sales Managers handling enterprise deals and a self-serve digital channel for SMBs and freelancers.

CitySpace serves three primary segments — SMEs, freelancers and solo entrepreneurs, and large corporations — plus secondary segments including startups, remote/hybrid workers, and companies expanding into new Polish markets. Customers cited publicly include Scalo (retail/e-commerce), Leviatan Data Services (IT), Hello Yellow Design (IT), and Enefit (energy). The company positions itself as a premium alternative to traditional long-term leases, competing on location prestige, flexibility, and operational simplicity.

Name

CitySpace

Legal name

City Space Management sp. z o.o.

Website

https://cityspace.pl

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

CitySpace is a Polish flexible office operator, subsidiary of Echo Investments, managing 13 serviced office and coworking locations across 27,000+ sqm in five major Polish cities. It serves SMEs, freelancers, and enterprises with all-inclusive offices, coworking, meeting rooms, and virtual offices.

Ownership category

akta.pro rank

Product category

Flexible Office Space / Coworking Services

NAICS

Facilities Support Services (56121)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Workplace & Office Support Services (Reception/Mailroom/Porterage/Helpdesk) (IMAIAAAD)

akta.pro secondary industries

Conference Centers & Dedicated Meeting Venues (THAHAAAB), Convention & Exhibition Centers (Public Convention Centers, Civic Centers) (THAHAAAA)

Keywords

• Flexible office space
• Serviced offices
• Coworking spaces
• Virtual office services
• Meeting room rental

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Serviced Office Rental: Fully furnished, private serviced offices rented on flexible terms (from one month to long-term contracts) in prestigious Class A buildings. Includes furniture, internet, reception, cleaning, utilities, and kitchen amenities on a single invoice. Accommodates teams from 1 to 150+ people.
2. Coworking / Hot Desk Membership: Monthly subscriptions and day-pass options for flexible desk space in shared coworking areas. Includes access to meeting rooms, kitchen facilities, and community areas. Pricing from PLN 200–750/month for dedicated hot desks, day passes from PLN 35–77.
3. Meeting Room Rental: Meeting and conference rooms available for hourly or daily rental, equipped with modern audiovisual technology. Also available via Work on demand through the CitySpaceApp without contracts.
4. Virtual Office: Virtual office services providing a prestigious business address for company registration and mail handling, enhancing professional image for freelancers and small businesses.
5. Events and Photo Shoots: Rental of spaces for corporate events, workshops, training sessions, and photography productions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

CitySpace operates a network of 13 flexible office locations across five major Polish cities (Warsaw, Wrocław, Kraków, Łódź, Katowice), offering fully furnished serviced offices, coworking spaces, meeting rooms, virtual offices, Flex Access memberships, and event/photo shoot venues. All services are bundled on an all-inclusive single-invoice basis covering rent, utilities, internet, reception, cleaning, and kitchen amenities, with bookings managed through the CitySpaceApp mobile application.

Product overview

CitySpace is an operator of flexible office spaces offering a comprehensive portfolio of workplace solutions across major Polish cities. The core offering consists of six integrated service lines: Biuro serwisowane (serviced offices) providing fully furnished private workspaces; Coworking spaces including hot desks and dedicated desks; Sale spotkań (meeting rooms) for professional gatherings; Biuro wirtualne (virtual offices) for business address registration; Flex Access for multi-location flexible access; and Eventy/sesje zdjęciowe for event venues. All services can be accessed through the CitySpaceApp mobile application, with Work on demand booking enabling usage without long-term contracts. The portfolio targets businesses of all sizes from freelancers to large corporations, with locations in Warsaw, Wrocław, Kraków, Łódź, and Katowice.

Differentiator

Problem solved

Functional benefit

Brands

• CitySpace Club: Coworking spaces offered by CitySpace, featuring dedicated desks, open-space areas, and meeting facilities.
• CitySpaceApp

Products and services

• Biuro serwisowane (Serviced Office) Fully furnished private offices ready for immediate use, available in various sizes from individual workstations to spaces for up to 150 persons, with flexible lease terms starting from one month. All-inclusive pricing covers rent, utilities, internet, reception, cleaning, kitchen, and furniture on a single invoice.
• Coworking Shared workspace solutions including hot desks and dedicated desks in open-plan environments, offering flexible access and networking opportunities with other professionals. Pricing from PLN 499/month for hot desks, with day passes from PLN 35-77.
• Sale spotkań (Meeting Rooms) Professional meeting and conference rooms equipped with modern audiovisual technology, available for client meetings, training sessions, and business events, including Work on demand booking via the CitySpaceApp without contracts.
• Biuro wirtualne (Virtual Office) Virtual business address services allowing companies to register their business at prestigious locations in Polish cities, with mail handling and reception services. Enhances professional image for freelancers and small businesses.
• Flex Access Flexible workspace access membership allowing users to utilize any CitySpace location across the network as needed, ideal for businesses with distributed teams or frequent travelers. Access managed via the CitySpaceApp.
• Eventy / sesje zdjęciowe (Events & Photo shoots) Event spaces and photo shoot locations available for corporate events, workshops, training sessions, and professional photography sessions in unique office environments.
• CitySpaceApp Mobile application for iOS and Android enabling self-serve booking and reservation management for all CitySpace services, including Work on demand functionality without contracts. Available as a standalone app on Apple App Store and Google Play Store.
• CitySpace Club Coworking sub-brand offering dedicated desks in a friendly workspace environment with full office services and reception support, including locations at Galeria Mlociny and Moje Miejsce (Beethovena). Features five air-conditioned glazed containers and open-space coworking area.

Quantifiable outcome

• OfficeSpace over 27,000 sqm across 13 locations in 5 Polish cities
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Industrious (CBRE): Industrious is a premium flex office operator now majority-owned by CBRE, focused on enterprise-grade flexible workspaces. Its model of enterprise partnerships and premium build quality aligns with CitySpace's positioning for larger corporate customers.
• HubHub by HB Reavis: HubHub was the flexible office and coworking brand of developer HB Reavis, with locations in CEE capitals including Warsaw. It is a direct comparable given its developer-backed model (echoing CitySpace's Echo Investments parent) and CEE-focused footprint.
• Mindspace: Mindspace is a premium flexible office operator with strong presence across European capitals, offering serviced offices and coworking to enterprise clients. It directly competes with CitySpace's positioning around premium locations and full-service office experiences.
• Compass Offices: Compass Offices operates premium flexible office spaces primarily across Asia-Pacific. While geographically distant, its serviced office model, enterprise focus, and premium positioning make it a structurally comparable operator.
• IWG plc: IWG is the world's largest operator of flexible workspaces, operating brands such as Regus, Spaces, HQ, and Signature. It is the most direct global comparable to CitySpace's serviced office and coworking model, and has a growing presence in Polish cities.
• Spaces (IWG brand): Spaces is IWG's premium design-led coworking brand, targeting creative and enterprise tenants in landmark buildings. It competes with CitySpace's CitySpace Club coworking offering in similar aesthetics and target customer profiles.
• New Work SE: New Work SE is a European flexible office operator (formerly listed in Germany) serving enterprise customers across multiple European countries. Its serviced office, coworking, and meeting room model directly mirrors CitySpace's core product suite.
• WeWork: WeWork pioneered the modern flexible office category and competes globally in major cities with premium coworking and serviced office offerings. Following its 2023 restructuring, it has been expanding its international footprint, including in Europe.

Emerging players

• Knotel (formerly): Knotel pioneered the 'headquarters-as-a-service' model focused on enterprise-grade flexible offices. Although it underwent restructuring, its former model of dedicated enterprise spaces is conceptually very close to CitySpace's enterprise serviced office offering.

Regional players

• Workki: Workki is a Polish flexible office operator competing in the same Polish market as CitySpace. It offers coworking and serviced offices across Polish cities, making it a regional comparable for CitySpace's domestic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CitySpacePL
• LinkedInlinkedin.com/company/cityspacepl
• Instagraminstagram.com/cityspacepl

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 CitySpace