Knotel itself doesn’t own any real estate: „We are a platform, based on real-estate.“
The team of Shenderovich developed a system to work with owners to get office space really quickly.
The office spaces are then operated by Knotel, who prepares the location, e.g. with movable walls or flexible kitchens.
Companies can scale up and down their space, like Amazon Web Services offers for server capacity: „We are the cloud for office space.“
Knotel works with owners in many ways, as Shenderovich explains: „We take long management terms like hotels do and we also lease from owners, which means we take the financial risk.“
On average 6 months after preparing the offices, they usually are fully rented.