France: Accor and developer Bouygues Immobilier have created a 50/50 joint venture to accelerate the growth of Nextdoor in France and Europe.
Nextdoor was created by Bouygues Immobilier in December 2014 “to fulfil the evolving requirements of businesses, including increased flexibility and digitalisation, better quality of working life, and addressing professional mobility and the pursuit of new collaborations”.
The properties rolled out by Nextdoor provide a wide selection of services and solutions facilitating networking, and allow 24/7 accessibility. By the end of 2017, Nextdoor will operate eight sites in France and will have more than 4,000 clients.
The companies said: “Bouygues Immobilier will contribute its knowledge of developments in business property usage and its relationships with key accounts and landlords, as well as its expertise in terms of site selection, real estate negotiations and urban engineering, in France and internationally. AccorHotels will bring its unparalleled expertise in customer relations, hospitality and concierge services, and its experience of site operation in France and internationally. AccorHotels will utilise its distribution channels to help develop a new customer base for Nextdoor and accelerate the brand’s growth. Finally, AccorHotels’ guests will be able to benefit from an expanded range of services and unrivalled expertise in customised offers, given that the Group is already a world leader in private rental and concierge.”
The companies aim to create 80 collaborative Nextdoor workspaces by 2022, at a development rate of 10 to 15 launches per year from 2018.</p