Cherre and Upflex Partner to Help Landlords and Occupiers Unlock New Opportunities with Flex Data

This partnership enables mutual clients to easily integrate Upflex’s global data offering into
Cherre’s Platform

New York, June 18, 2024 Cherre, a leading real estate data management platform, today announced a new partnership with Upflex, the leading global flex network and hybrid workspace management platform. This agreement will enable mutual clients to access Upflex’s global flex inventory data and scoring indices alongside their financial and operational data within the Cherre platform, empowering them to identify opportunities to maximize outcomes with flex office spaces. 

As operating models become more composable, space needs to be more flexible and support new ways of working. Integrating Upflex’s global inventory supply and aggregate demand data with financial and operational data, gives both owners and occupiers insights into the ways flexspace can be leveraged to increase ROI within their operating model. Mutual clients will also be able to integrate Upflex’s usage, pricing, and demand indices as well as integrating funding pool information into the Cherre Platform, providing deeper insights into flexspace trends and enabling more sophisticated data-driven decision making. 

“Data helps us see into the future and make the right choices,” said Christophe Garnier, CEO of Upflex. “As the world of work continues to become flex and hybrid, landlords around the globe need to react fast in order to adapt to their new tenants’ needs. The key to success for these landlords will be having the right data and the right insights to make sound business decisions. Partnering with Cherre is allowing us to unlock the power of our global data and its effects on improved building valuation and tenant satisfaction.” 

Upflex helps mid-size and enterprise companies around the globe streamline access to bookable, flex coworking and office space in more than 130 countries, and to make hybrid workplace management seamless across owned, leased and on-demand, third-party workspace. 

“Cherre is excited to partner with Upflex,” said Kevin Shtofman, Global Head of Innovation at Cherre. “With increased uncertainty in the Office sector around return to work policies, tenants are looking for more flexible leasing arrangements. This in turn puts pressure on landlords to think creatively about space usage, which also affects the ability to underwrite building refinancings. Having integrated data helps both landlords and occupiers make decisions that can increase revenue, reduce risk, and provide a more composable target operating model.”

About Cherre

Cherre is the real estate industry’s leading data management platform. Our end-to-end platform helps clients breakdown silos and transform their disparate data so they can automate workflows, increase efficiencies, build better models, reduce risks, and make smarter decisions with confidence. With Cherre, clients can quickly identify opportunities to increase profitability, gain visibility into market trends, and make strategic moves in response to changing market conditions based on trusted data-driven insights. Cherre launched in 2016 and is located in New York City.

About Upflex

Upflex is a powerful workplace platform bringing together people, places, and data, and connecting forward-thinking companies and today’s top talent with high-quality flexible workspace around the world. Upflex’s global space network offers on-demand and “hub” access to more than 10,000 hot desks, meeting rooms and private offices from top brands in over 130 countries, and its secure, next-generation platform makes booking, collaborating, customizing and tracking workspace usage simple for employees and managers alike. Today, some of the world’s most widely recognized Fortune 500 companies leverage Upflex’s solutions and space network to power their hybrid and flexible workplaces and reduce their environmental footprint. Upflex launched in 2018.