Ucommune, China’s largest co-working operator has finally gone public, but not through the IPO that it had touted for … Read more>>
Mainland China Flexible Office
Temasek Said in Talks to Buy Majority Stake in WeWork China at $1B...
Singapore’s Temasek Holdings, together with Shanghai-based investment manager Trustbridge Partners, has offered to buy … Read more>>
SE Asia Flexible Office
WeWork Leases HSBC Building in Singapore From CapitaLand Commercial...
Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according … Read more>>
Hong Kong Flexible Office
WeWork Gives Up Location in Hong Kong’s Central, City Footprint Cut by...
WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi late this past week that the … Read more>>
IWG to Open Causeway Bay Centre as Regus Parent Plunders WeWork Spoils...
The parent company of Regus has helped itself to a space in Hong Kong vacated by rival WeWork, as the balance of power shifts within the flexible … Read more>>
IWG Takes Over WeWork’s Former Hong Kong Flagship in Causeway Bay
Flexible office giant IWG’s sixth Spaces centre in Hong Kong will open at WeWork’s former flagship location in Causeway Bay’s Tower 535, becoming the fourth IWG outlet in the city to be grafted onto a space vacated by the once-highflying… Read More>>
Shimao Opens 76th-Floor Flexible Office Outlet in Hong Kong’s The Center
Just under four years after its chairman joined a consortium that purchased one of Hong Kong’s tallest office buildings for $5.2 billion, Shimao Holdings has opened a floor in The Center as a serviced office space, according to local news… Read More>>
IWG Forms Greater China Flexible Office JV with Hong Kong’s Hysan
Flexible office provider IWG and retail and office landlord Hysan Development will form a joint venture with the exclusive right to operate all IWG brands in Hong Kong and throughout the Greater Bay Area, the companies announced Monday.
The JV… Read More>>
IWG Grabs Two Floors at Raffles Place for New Regus Singapore Location
Flexible office giant IWG is adding 22,000 square feet (2,044 square metres) of workspace across two floors in CapitaLand’s Plus building at Singapore’s Raffles Place.
The arrangement will bring Switzerland-based IWG’s Regus brand to the 28-storey building at 20 Cecil… Read More>>
KKR and TIGA to Acquire Flexible Office Operator The Executive Centre
The Executive Centre, a Hong Kong-based provider of upscale flexible office space, will be acquired by US buyout firm KKR and Singapore’s TIGA Investments for an undisclosed amount, realising an exit strategy that so far has eluded better-known rival WeWork.
IWG Opens in the Quayside in Third Takeover of Hong Kong WeWork Location
For the third time in less than a year, IWG has opened flexible offices under the Signature brand in a Hong Kong space formerly occupied by embattled rival WeWork.
The hat-trick delivers 50,000 square feet (4,645 square metres) of flexible… Read More>>
Former WeWork Exec Launches APAC Real Estate Tech Studio
The real estate sector got a push out of its tech lethargy on 16 November when former WeWork China head of innovation and technology, Dominic Penaloza, unveiled technology development studio REinvent, an incubator catering to the needs of the real… Read More>>
Abandoned WeWork Kowloon Location to Open as New IWG Centre
Hong Kong’s prime business districts continue to welcome expansion by the world’s largest full-service flexible workspace provider, as IWG is set to scoop up more spoils from the near collapse of former co-working giant WeWork.
The Switzerland-based office operator will… Read More>>
WeWork Sells Control of China Business to Trustbridge for $200M
Beleaguered co-working operator WeWork raised some much needed cash on Thursday when it announced that it had sold a $200 million stake in its China division to a consortium led by Shanghai’s Trustbridge Partners.
Trustbridge is taking the lead among… Read More>>
Ucommune Goes for NASDAQ Backdoor Listing at 75% Discount From 2018 Valuation
Ucommune, China’s largest co-working operator has finally gone public, but not through the IPO that it had touted for more than two years, and at a valuation nearly one-quarter of its peak pricing, according to an announcement earlier this week.
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