An agreement for Liberty to take over operations at the 1,400 sqm Co.Lab tech space on Murray Street has been reached.
As part of the deal, there will be a $3.2 million investment into the hub.
Founded by Bluesky Digital Labs, Co.Lab is a contemporary and technology focused community event and workspace that is designed to facilitate the growth of local innovative businesses.
“We built funky workspace for technology businesses,” explained Rizal Farok, Director of BlueSky Digital Labs.
“However, our core business is software development, not facilities management nor hospitality. To provide even more value to this thriving community we felt it was the right time to hand over operations to Liberty.
“Adding the PropTech Hub WA moves Co.Lab to the forefront of Perth’s tech ecosystem.”
Co.Lab’s space is designed for innovators, founders, business owners and communities that are seeking technological solutions to establish efficiencies and leverage growth opportunities and will benefit from being surround like-minded individuals.
As part of the deal, Co.Lab will provide a new home for the PropTech HUB WA membership and host the PEXA PropTech Hub WA Awards 2022 and 2023. It will also host the Enconyz PropTech Showdown 2022 and 2023 which form part of the West tech Festival, which will be held in December.
“This agreement enhances Co.Lab’s reputation as the Silicon Hub of Perth, adds value to the PropTech Hub WA membership, and now makes Liberty the market leader in flexible workspace solutions in WA.” said Chief Executive of Liberty, Jamie Vine.
Liberty currently operates over 8,900 sqm of space across seven locations.