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Yardi Completes Acquisition of Virtual Office Provider CloudVO

San Francisco-based CloudVO – an online reseller of virtual offices, meeting rooms and other workplace services – has officially joined the ranks of the Yardi commercial real estate listings network.

A global leader in real estate software solutions, Yardi’s network includes listing platforms such as CommercialCafe, CommercialSearch, PropertyShark, as well as CoworkingCafe – a site focusing on major shared office markets across the U.S. Since all sites share the same database, listing with one provides exposure for your properties across the entire network. The network generates over 20,000 leads per month to participating commercial property owners and coworking operators.

“We have closely followed CloudVO’s progress for many years now, and it seemed that the time was right to incorporate their assets and intimate knowledge of coworking operators into Yardi. We are looking forward to continuing this journey with Laurent and his team,” declared Rob Teel, Yardi president of commercial.

Laurent Dhollande, CEO of CloudVO, added: “We are thrilled that CloudVO is now part of Yardi. Our partners will benefit from the Yardi listing service with infinitely more reach and strength than CloudVO could provide on its own, with seven online listing sites that combine over 3 million visitors monthly. Our customers will be exposed to a larger inventory and better choices for their online bookings and purchases of workplace services, including meeting rooms, private offices and virtual offices.”

As of June 1, CloudVO clients and operations will be redirected to CoworkingCafe. CloudAnswering will remain in charge of phone answering services without interruption, as they are not part of the assets sold to Yardi.

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