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EIT Urban Mobility invests in SHQUARED – The ultimate space sharing platform

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Urbanisation is a global trend that is rapidly accelerating, with over half of the world’s population now living in urban areas. EIT's investment in SHQUARED aims to help maximise the use of existing infrastructure and reduce the need for new buildings or parking spaces to contribute to more sustainable urban development.

According to the United Nations, the world’s urban population is expected to reach 68% by 2050, up from 55% in 2018. This rapid growth of urban populations has led to increasing demand for space, resulting in a shortage of land for residential, commercial, and industrial activities. In the context of urban logistics, space is a critical resource that is often limited and expensive.

Micro hubs are a potential solution to this issue, providing smaller and more strategically located logistics facilities that can reduce the need for larger distribution centres and improve last-mile delivery efficiency. And SHQAURED is the answer!

How does SHQUARED contribute to solve this issue? 
Finding suitable micro hubs in urban areas can be challenging, especially for small businesses. This is where SHQUARED’s space-sharing platform comes in, providing a practical and sustainable solution to the urban space shortage. The platform enables space owners to rent out and share their under-utilised spaces, such as warehouses, garages, or parking lots as micro hubs for urban logistics companies.
Read more here.

Space sharing offers many opportunities:

  • Sharing costs 
    A cost share is paid for the shared usage times, which reduces the company's own rental, operating and investment costs. Both space partners thus share the costs that one company would otherwise have to bear alone.
  • Revitalise city centres
    Shared commercial space can offer a wider range of services and products. This makes city centres/quarters more attractive again and offers more reasons for the population to visit.
  • Visibility and customer potential
    With a new offer in one's own location, new customers may become aware of the commercial space who would otherwise never have found their way there. In this way, both sides benefit from the respective customer base of the space partner. Mutual advertising and social media support can also increase visibility and customer potential.
  • Sustainability 
    Floor space dividers increase the potential use of space and infrastructure and thus contribute to an efficient use of resources. This is climate-conscious and sustainable. 
  • Promotion of entrepreneurship 
    By creating low-risk testing opportunities for new entrepreneurs and start-ups, a new intermediate step on the path to business creation is made possible - pop ups and soft entry reduce the failure rate of start-ups and enable better business and financial planning in the run-up to opening one's own business.

As an expert in multiple use, SHQUARED is the contact for space operators and (new) founders, networks and entrepreneurial associations as well as start-up centres, municipalities and neighbourhood developers and offers information, success stories and a simple space partner search on the platform