WOTSO WHIP | February 2025 Edition

Stay up to date with all things WOTSO! WOTSO announces new sites in Kogarah and Whangārei Expanding to 32 locations across Australia and New Zealand WOTSO FlexSpace is expanding with two new locations— Kogarah, in southern Sydney, and Whangārei on New Zealand’s North Island—bringing its network to 32 sites across Australia and New Zealand. In Kogarah, WOTSO is partnering with Kogarah RSL to develop a 600sqm flexible workspace within a mixed-use building. The site has a dedicated entrance and is conveniently positioned between Carlton and Kogarah train stations. In New Zealand, WOTSO has acquired a large site in Whangārei for $NZ3.7 million, marking its fourth location in the country. Whangārei, the capital of Northland, sits 160km north of Auckland and serves a regional population of over 100,000. Currently, WOTSO operates 27 flexspaces across Australia and New Zealand, with five more opening in the coming months in Melbourne CBD (late March), Jamisontown in western Sydney (early April), Kogarah (April), Whangārei (June), and Te Tōangaroa (June). CHECK OUT OUR LOCATIONS WOTSO Property 2025 Interim Financial Report Demand fuels WOTSO FlexSpace revenue growth across 27-site network WOTSO Property (ASX: WOT) has reported strong revenue growth of 9% in its flexspace business to $15.8 million for the first half of FY25, and is forecasting an increase in total funds from operations (FFO) to just shy of 15% for the next six months. CEO Jessie Glew says WOTSO’s portfolio of 16 commercial, industrial, and large format retail properties also performed well in the six months to December 31. Leasing revenue was up 7% to $8 million, occupancy high at 97%, with performance highlighted by the extension of the Nationwide News lease at its Yandina printing complex to at least 2033, worth $2.5 million a year. READ THE FULL REPORT HERE NEW SITE UPDATE Everything old is new again at WOTSO Jamisontown Recycled materials, including timber and shipping containers, play starring roles in the fitout of the latest WOTSO site in Jamisontown, near Penrith, which is due to open in early April. Regional Manager NSW, Paula Dayeh, says the timber was originally part of the Arnott’s Biscuit factory in North Strathfield, built in 1908, and was removed during the construction of WOTSO North Strathfield. Aware of the timber’s true value, WOTSO stored it for many years in the shipping containers that have now been converted to private offices at Jamisontown, which Dayeh says is a “hotly awaited addition” to WOTSO’s western Sydney portfolio. FULL STORY HERE  MONTHLY FAVOURITES Here are our top picks for this month! BUBBADESK EXPANSION BubbaDesk and WOTSO partnership set to expand after early success Local MP and working mum Felicity Wilson MP this month dropped by the new BubbaDesk Neutral Bay, which combines coworking space with ancillary childcare, and said she wished the concept was around when her children were younger. “This would have been a godsend for me with little babies,” said Wilson, the Liberal member for North Shore in the Parliament of NSW. “I think BubbaDesk fills that area particularly well. It’s great care but also offers the opportunity for women to pursue their careers and do it around other adults.” READ THE FULL STORY JOIN THE FLEXSPACE MOVEMENT HAVE ANY QUESTIONS ABOUT BECOMING A MEMBER? LET’S CHAT! We understand that every business has different needs, depending on where you are on your business journey. That’s why we offer memberships that will meet you at any point, whether you need a meeting room for a day, a desk for a month or ongoing office space for you and your team. LET’S CHAT! Unsubscribe – Unsubscribe Preferences