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adam neumann india

WeWork Said Planning to Buy Back India Business for $1.9B

adam neumann india

2019/06/17 by Jan Kot Leave a Comment

US co-working unicorn WeWork is planning to take majority control of its India affiliate in a deal worth $1.9 billion which would allow the shared-office operator to consolidate its operations, and its financial results, in preparation for an initial public… Read More>>

US co-working unicorn WeWork is planning to take majority control of its India affiliate in a deal worth $1.9 billion … Read more>>>

Indonesian Co-Working Player CEO Suite Takes Kowloon Office Forfeited by Kr Space

2019/05/30 by Jan Kot 2 Comments

Jakarta-based co-working provider CEO Suite is opening a 27,000 square foot (2,508 square metre) office location in New World Development’s K11 Atelier in Tsim Sha Tsui, according to market sources who spoke with Mingtiandi, moving into a prime Hong Kong… Read More>>

Jakarta-based co-working provider CEO Suite is opening a 27,000 square foot (2,508 square metre) office location in New … Read more>>>

Ginny Eckblad ben eckblad Gorilla Space

SG Proptech Start-Up Raises Seed Funding From Mitsubishi Estate

Ginny Eckblad ben eckblad Gorilla Space

2019/05/28 by James Hatton Leave a Comment

GorillaSpace has raised seed investment led by Tokyo-listed real estate developer Mitsubishi Estate Company (MEC), according to an announcement by the Singapore-based start-up, which did not specify the amount of funding it would receive.

“GorillaSpace represents a fresh and exciting… Read More>>

GorillaSpace has raised seed investment led by Tokyo-listed real estate developer Mitsubishi Estate Company (MEC), … Read more>>>

liu chengcheng Kr Space

Kr Space Rises From China’s Co-Working Dead with RMB 1B IDG-Led Funding Round

liu chengcheng Kr Space

2019/05/16 by Jan Kot Leave a Comment

Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion ($145 million) round of funding, jointly led by IDG Capital, Gopher Asset Management and Hubei Yixing Capital.

Kr Space’s biggest fund-raising ever,… Read More>>

Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion … Read more>>>

rich gomel ark

WeWork Announces $2.9B Investment Platform with Ivanhoe, Rhone Group

rich gomel ark

2019/05/16 by Michael Cole 1 Comment

WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the formation of a real estate investment and management platform backed by Canadian fund manager Ivanhoe Cambridge.

“Ark will focus on acquiring,… Read More>>

WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the … Read more>>>

Infinitus Tower Shanghai

IWG’s Spaces Takes Over Xintiandi Co-Working Centre After Kr Space Default

Infinitus Tower Shanghai

2019/05/08 by Jan Kot Leave a Comment

Spaces, the co-working arm of European flexible office giant IWG, has taken over a 5,000 square metre (54,000 square foot) office space next to Shanghai’s Xintiandi complex, securing the location in the Infinitus Tower from former occupier Kr Space, according… Read More>>

Spaces, the co-working arm of European flexible office giant IWG, has taken over a 5,000 square metre (54,000 square … Read more>>>

Mark Dixon IWG

Regus Parent IWG Sells Japan Business for £320M in Shift to Franchise Model

Mark Dixon IWG

2019/04/16 by Michael Cole Leave a Comment

IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the flexible office provider shifts toward a franchise model.

The London-listed firm is selling 100 percent of the equity in the… Read More>>

IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the … Read more>>>

Donald Choi, Liu Chengcheng Kr Space

Chinachem Sues Kr Space for HK$500M After HK Co-Working Lease Collapse

Donald Choi, Liu Chengcheng Kr Space

2019/04/10 by Jan Kot Leave a Comment

Hong Kong-listed Chinachem is suing Kr Space for HK$500 million ($63.8 million) accusing the mainland co-working space provider of breaking a five-year lease contract, according to a writ filed by the property developer with Hong Kong’s High Court.

Kr Space,… Read More>>

Hong Kong-listed Chinachem is suing Kr Space for HK$500 million ($63.8 million) accusing the mainland co-working space … Read more>>>

Michael McCullough KMC

Philippine Co-Working Startup Wins Backing From CIMB-Mitsubishi Fund

Michael McCullough KMC

2019/04/10 by Michael Cole Leave a Comment

Filipino co-working operator KMC has won fresh financial backing from a Malaysian-Japanese investment fund, according to an announcement today by the Manila-based firm.

KMC, a unit of the company which operates property agency KMC Savills, said that it will use… Read More>>

Filipino co-working operator KMC has won fresh financial backing from a Malaysian-Japanese investment fund, according to … Read more>>>

ucommune xingpai3

Chinese Co-Working Unicorn Ucommune Gets RMB 200M in Fresh Funding

ucommune xingpai3

2019/04/07 by Jan Kot Leave a Comment

While some of its domestic competitors show signs of stumbling, Chinese co-working giant Ucommune has raised RMB 200 million ($29.8 million) in a round backed by a real estate affiliate of Chinese industrial conglomerate Beijing Xingpai Group, according to information… Read More>>

While some of its domestic competitors show signs of stumbling, Chinese co-working giant Ucommune has raised RMB 200 … Read more>>>

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