The World’s first space-sharing platform from Australia, spacenow.com, has signed a regional partnership agreement with Dubai’s SEED Group, a group of diversified companies owned and chaired by the private office of Sheikh Saeed bin Ahmed Al-Maktoum. Leading the signing was Hisham Al-Gurg, CEO of the private office of Al-Maktoum and SEED Group.
Spacenow is a platform that allows property and site owners to activate and monetize their underutilized space — from studios and gardens, to wall space and event venues — and enables entrepreneurs and businesses to access that space on a long- or short-term basis, from as little as just one hour. It was created in November 2016 by four Australian entrepreneurs in the real estate, technology, finance and creative sectors: Daniel Gunning, Barrett Ovens, Baydr Strik, and Nick Leary. The company was born to meet the demands of the fast-moving, disruptive world of the sharing economy — a $100 billion market that is estimated to more than triple to reach $330 billion in 2025. Spacenow now operates in 52 cities globally.
“We are delighted with the partnership we have founded with SEED Group Dubai to establish Spacenow’s Dubai office and roll out our expansion plan throughout the Middle East and North Africa (MENA) region. This will become the first multi-space, short-term rental platform in the region and we are very eager to start operation,” said Gunning, Spacenow’s CEO and founder.
“The UAE and indeed the whole region has a great range of spaces and locations just waiting to be activated. We are proud to partner with Spacenow and support this unique platform. It is a smart initiative and marries well with Dubai’s ambition to be a model city of the future, and to continue attracting innovation and entrepreneurship to our city and our nation,” said Al-Gurg.