{"id":10591,"date":"2024-01-30T15:55:58","date_gmt":"2024-01-30T21:55:58","guid":{"rendered":"https:\/\/1reason.com\/re\/hqo-adds-symbiosy-a-smart-office-solution-developed-by-hb-reavis-to-the-portfolio-to-transform-real-estate-experience\/10591\/"},"modified":"2024-01-31T09:55:58","modified_gmt":"2024-01-31T15:55:58","slug":"hqo-adds-symbiosy-a-smart-office-solution-developed-by-hb-reavis-to-the-portfolio-to-transform-real-estate-experience","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/hqo-adds-symbiosy-a-smart-office-solution-developed-by-hb-reavis-to-the-portfolio-to-transform-real-estate-experience\/10591\/","title":{"rendered":"HqO Adds Symbiosy, a Smart Office Solution Developed by HB Reavis, to the Portfolio to Transform Real Estate Experience"},"content":{"rendered":"<div>  <\/p>\n<p>This acquisition further propels HqO\u2019s growing occupier business and expands its geographical footprint, especially in European business hubs, including London, Berlin, and Warsaw. The transaction comes on the heels of the company\u2019s recent announcement of its Series D funding of over $50 million, along with the much-anticipated launch of the HqO Real Estate Experience (REX) Platform, the first end-to-end experience solution built around the customer. HqO will continue to power HB Reavis\u2019 portfolio of workspaces and support its growing global customer base through this strategic partnership.<\/p>\n<p>\u201cAdding Symbiosy to the HqO family is the perfect fit with our vision to put people and their experiences of space at the center of the real estate industry. By pairing HqO\u2019s newly launched REX Platform with Symbiosy\u2019s deep expertise in creating intelligent and innovative workplaces, we are reimagining the future of real estate experience,\u201d said Chase Garbarino, Co-Founder and CEO at HqO. \u201cWe are excited to bring Symbiosy\u2019s intimate knowledge of the built environment and the people within it to our customers as we continue to scale and innovate our occupier product offerings.\u201d<\/p>\n<p>Symbiosy\u2019s portfolio of cutting-edge smart office technology solutions offers employee experience, data management, and visualization tools that support enhanced workplace experiences for increased performance.<\/p>\n<p>\u201cDuring HB Reavis\u2019 30 years of experience in real estate, our people-centric approach focused on well-being has proven to generate the most value for real estate businesses and people. Partnering with HqO will enable us to continue focusing on this path while providing the existing Symbiosy customers with enhanced services and solutions,\u201d said Marcel Sedlak, CEO of HB Reavis, an international workspace provider with a consolidated Gross Asset Value of \u20ac4 billion.<\/p>\n<p>Symbiosy\u2019s proven delivery of high-quality, digitally led experiences across all assets is directly aligned with HqO\u2019s mission to connect real estate to the people through a cross-property suite of powerful applications and services that foster best-in-class, dynamic end-user experiences.<\/p>\n<p>\u201cDuring the five years spent creating Symbiosy within the HB Reavis universe, dedicated to refining the symbiotic connection between buildings, offices, and their users to deliver the best occupier experience, Symbiosy has been on a transformative journey. Now we are poised to extend this distinctive partnership with HB Reavis and HqO even further. Together, we aim to support our existing clients and introduce our combined product offerings to a broader audience, empowering more customers to harness the advantages of smart building technology, hybrid work support, energy optimization, and tenant engagement in order to enhance the overall workplace experience and well-being,\u201d said Tibor Nyitray, Head of Symbiosy.<\/p>\n<p>Symbiosy is HqO\u2019s third acquisition in two years. In June 2022, HqO acquired Leesman, the world\u2019s leader in measuring employee workplace experience, and in November 2021 acquired Office App, a leading European tenant and employee engagement platform, which expanded HqO\u2019s services into the corporate workspace.<\/p>\n<p><strong>About HqO:<\/strong><br \/>HqO is leading the transformation of the way people experience real estate. Through its Real Estate Experience (REX) Platform\u2014a powerful and dynamic suite of applications and services\u2014HqO has powered over 400 million square feet at over 700 properties across 32 countries. The world\u2019s most innovative organizations rely on HqO to drive operational excellence by maximizing and boosting tenant and employee acquisition, retention, and engagement.<\/p>\n<p><strong>About Symbiosy and HB Reavis: <\/strong><br \/>Created by HB Reavis, an international workspace developer, Symbiosy is a tech and sensory platform that assesses space utilization and indoor environment quality to enable excellent workspace management and ensure user comfort, helping companies to connect and thrive.<\/p>\n<p>HB Reavis is a leading workspace provider that designs, builds, and manages places that enhance the well-being and productivity of its users. HB Reavis\u2019 buildings are internationally awarded and characterized by central location hubs, offering a people-centric design approach with high standards of sustainability and innovation, and are focused on services for clients.<\/p>\n<p>Operating across five countries, UK, Germany, Poland, Slovakia, and Hungary, HB Reavis has successfully delivered more than 1.69 million square meters of office and retail spaces and currently manages 640,000 square meters of workspaces with a value of \u20ac3 billion.<\/p>\n<p>For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jLhqpgbquwfH7NCmIdoSoH445O0BveGXB_OthNkJGyIE6mzUJ9tZ_7Au7VJanxW8gn-lYBE-gcD9AdvMCbSoSA==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>www.hqo.com<\/u><\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jLhqpgbquwfH7NCmIdoSoNy6WEHM7TQ-vuhv2gMybP91ALEDrvNK9XLp_OIBqnkD-Mr3PAU35eLEzFQm1vGwMw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>www.hbreavis.com<\/u><\/a>.<\/p>\n<p>For additional questions, please reach out to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NqKVaGrkvZ0NPxVCvZkkhy0AlNabCCG0jH0YZa4JSHm9r2sQGEh73RLYi7PPHY6ErzmKc0Wevhf5k3rygqBPxZBhwc0SNXGiYTqDM5Ohh7U=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>HqOPR@boathouseinc.com<\/u><\/a>.<\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/YWVkZDIxNWYtODE1Yy00ODQyLWJhODEtNzc1OWI2NWI5MDFiLTExOTg3MTY=\/tiny\/HqO.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>HqO Further Scales People-Centric Product Portfolio and Continues Rapid Global Expansion<\/p>\n<p align=\"left\">BOSTON, Jan. 10, 2024 (GLOBE NEWSWIRE) &#8212; HqO, the world\u2019s leading real estate experience platform, announced today its strategic acquisition of Symbiosy, a workspace technology created by international workspace provider HB Reavis, which offers a portfolio of smart building solutions consisting of systems integrations, IoT, and software interfaces.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10591"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=10591"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10591\/revisions"}],"predecessor-version":[{"id":10609,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10591\/revisions\/10609"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=10591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=10591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=10591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}