Workland has expanded its presence in the Baltic coworking market by acquiring two UMA centers in Tallinn and Vilnius, positioning itself as the leading provider of flexible office solutions in the region.

Target Information

Workland, a prominent provider of fully serviced offices and coworking centers, is strategically expanding its footprint by acquiring two UMA locations in Tallinn and Vilnius. This acquisition will strengthen Workland's position as the leading provider of coworking spaces in the Baltic region, enabling it to deliver innovative office solutions across all Baltic capitals.

With the addition of these centers, Workland will enhance its portfolio by adding nearly 450 workstations to its existing 1,200 across Estonia, Latvia, and Lithuania, representing a 40% increase in its operational capacity. The newly acquired centers will operate under the Workland brand, further solidifying its market presence.

Industry Overview

The coworking and flexible office space industry in the Baltic region is experiencing significant growth, driven by evolving workplace dynamics and client demands for flexibil