On April 13, 2026, all IOFFICE locations changed their name to United Spaces. The change marks the next step in integration after IOFFICE acquired United Spaces in November 2025, a deal that created one of Sweden’s largest players in coworking.
With the name change, the group’s operations have been united under a single brand, while IOFFICE remains as the parent company responsible for group-wide functions.
“By merging IOFFICE and United Spaces, the group enters a new and exciting phase that will continue to drive change across the entire industry,” says Homan Tehrani, CEO of IOFFICE and United Spaces.
United Spaces was founded in 1999 and was an early shaper of the coworking market in Sweden. Over the years the company has established itself as a well-known brand for flexible workplaces and modern office solutions.
“United Spaces is a strong, well-established brand in the market. It is both strategically correct and more cost-effective to bring the entire operation together under one name,” says Homan Tehrani, CEO of United Spaces.
Focus on combining the strengths of both companies
Since IOFFICE acquired United Spaces from Castellum, internal work has focused on combining the strengths of both organizations. IOFFICE’s commercial discipline and cost control are now being integrated with United Spaces’ brand and well-organized sales force.
“Bringing everything together under one name gives us a clearer position, a stronger offering and even better conditions to create excellent workdays for our members. Together we build on the best of both worlds with the same business focus, but as a larger, more unified whole.”
IOFFICE will continue to exist as the business platform, including the company’s shared IT systems and app, where members can book meeting rooms, access locations and benefit from offers.
“We do not believe in a standardized experience where everything looks the same. Local character and a personal touch are central to our offering, and that is how we create environments where people enjoy being.”
Strong demand and stable occupancy
The merged business covers approximately 72,000 square meters of coworking space across 18 locations in four Swedish cities, maintaining a high occupancy rate across the portfolio.
In Stockholm, occupancy is around 90 percent in the city center, while Göteborg and Uppsala reach roughly 80 percent.
“Demand for flexible workplaces remains very strong. We particularly see many companies choosing to leave their own offices in favor of flexible solutions,” says Homan Tehrani.
The new United Spaces plans to continue growing, both organically and through partnerships as well as potential acquisitions.
“This is only the beginning. We see significant opportunities ahead, both in our existing markets and through new collaborations in Sweden and internationally,” says Homan Tehrani, CEO of United Spaces.