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In this Research Note, we examine the flexible workspace technology business of essensys, based on their full-year results, announced on 2nd November 2023 and Annual Report, year ending 31st July 2023. This article highlights their latest financial performance, restructuring of global operations and strategy, updating our 2022 Examined report. Listed on the AIM market of the London Stock Exchange since 2019, essensys provides software and technology which are the foundation from which large landlords and flexible workspace providers can deliver connected, in-building and cross-portfolio digital experiences. essensys software delivers a suite of capabilities for real estate operators to run flexible workspaces ranging from the provision of digital infrastructure, through space management and space operations to occupier experience. An access control hardware and software solution designed for hybrid and flexible real‑estate is soon to be launched. essensys Financials essensys Presentation, 2nd November 2023 Total group revenues increased 9% to £25.3 million, driven by new site activity, […]
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In this Research Note, we examine Kieback&Peter, one of the long-established German manufacturers and systems integrators of building automation solutions and services. This analysis is based on last month’s publication of their annual company accounts. We also highlight their recent product launches, the planned new headquarters, and a 2025 acquisition. Kieback&Peter GmbH & Co. KG […]
In this Research Note, we examine CBRE’s recent announcement of the creation of a new Building Operations & Experience business segment, in conjunction with the acquisition of Industrious, a US provider of flexible workplace solutions. We assess the changes to the former Global Workplace Solutions business and comment on the Industrious acquisition and the state […]
This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
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