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sonmasayosh

Softbank Said in Talks to Invest Up to $20B for Control of WeWork

sonmasayosh

2018/10/11 by Emma Zhou Leave a Comment

Superinvestor Masayoshi Son’s SoftBank is in talks with WeWork to invest $15 billion to $20 billion in the co-working pioneer, according to sources familiar with the discussions cited in a Wall Street Journal report on Wednesday.

The US shared office… Read More>>

Superinvestor Masayoshi Son’s SoftBank is in talks with WeWork to invest $15 billion to $20 billion in the co-working … Read more>>>

Duncan White Colliers

Singapore Flexible Office Leases Jumped 44% in 2017

Duncan White Colliers

2018/09/10 by Matt Haldane Leave a Comment

Flexible office providers grew their footprints in Singapore by 680,000 square feet in 2017, jumping 44 percent from the previous year, according to a new report from Colliers International. Asia is the fastest-growing market for flexible office space, but as… Read More>>

Flexible office providers grew their footprints in Singapore by 680,000 square feet in 2017, jumping 44 percent from the … Read more>>>

Martijn Roordink Spaces

Spaces Opens Kowloon East Centre as Second New HK Venue in 30 Days

Martijn Roordink Spaces

2018/09/09 by Emma Zhou Leave a Comment

The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted its second new venue in the city within the last month.

The 37,500 square foot (3,483 square metre) Spaces Wai Yip… Read More>>

The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted … Read more>>>

Allan Lee Pamfleet

Pamfleet Pulls in Campfire to Fill Newly Purchased Kowloon Retail Space

Allan Lee Pamfleet

2018/09/04 by Emma Zhou Leave a Comment

Plans by Hong Kong shared space provider Campfire to add a combined, kindergarten, shared office and food centre in the Whampoa section of Kowloon city to its existing set of five co-working centres on Hong Kong island were revealed in… Read More>>

Plans by Hong Kong shared space provider Campfire to add a combined, kindergarten, shared office and food centre in the … Read more>>>

mao daqing ucommune

Chinese Co-Working Unicorn Ucommune Raises $43.5M at $1.8B Valuation

mao daqing ucommune

2018/08/16 by Michael Cole Leave a Comment

Chinese co-working startup Ucommune announced this week that it has raised RMB 300 million ($43.5 million) in its latest blow in the battle for Asia co-working hegemony.

This new round of funding gives Ucommune a valuation of $1.8 billion and… Read More>>

Chinese co-working startup Ucommune announced this week that it has raised RMB 300 million ($43.5 million) in its latest … Read more>>>

MyDreamPlus founders Mengfei Wen, Wenlei Li and Xiaolu Wang

Hillhouse, General Atlantic Lead $120M in Funding for WeWork China Challenger

MyDreamPlus founders Mengfei Wen, Wenlei Li and Xiaolu Wang

2018/08/14 by Richard Meyer Leave a Comment

WeWork challenger MyDreamPlus has raised $120 million in a Series C funding exercise involving six investors, including venture capital players Hillhouse Capital Management and General Atlantic.

The C-round was the Beijing-based company’s fourth and largest funding exercise so far, bringing… Read More>>

WeWork challenger MyDreamPlus has raised $120 million in a Series C funding exercise involving six investors, including … Read more>>>

Paul Salnikow TEC

HK’s Three Garden Road Gets New TEC Location as Shared Office Market Grows

Paul Salnikow TEC

2018/07/23 by Richard Meyer Leave a Comment

As co-working startups stumble over each other for Hong Kong office space, locally based serviced office operator The Executive Centre, is literally taking the high road for a new centre recently opened at Champion REIT’s Three Garden Road. The new venue… Read More>>

As co-working startups stumble over each other for Hong Kong office space, locally based serviced office operator The … Read more>>>

wan sing kong justco

JustCo Sets Up Thailand JV with Frasers, Readies Second Bangkok Centre

wan sing kong justco

2018/07/11 by Michael Cole Leave a Comment

Co-working operator JustCo this month achieved the latest milestone in its Southeast Asia expansion, after a Bangkok-based unit of Singapore-listed Frasers Property announced the formal creation of a joint venture with the Singaporean flexible office provider.

Thailand-listed Ticon Industrial Connection… Read More>>

Co-working operator JustCo this month achieved the latest milestone in its Southeast Asia expansion, after a … Read more>>>

susan sutherland jll

Asia Leads the World with 36% Annual Growth in Co-Working Supply

susan sutherland jll

2018/07/09 by Benjamin Cole Leave a Comment

While New York-based quest for a $40 billion valuation in its next upcoming financing round has focused global attention on co-working, the greatest growth for the shared office sector is coming from Asia, where the supply of flexible-term offices providing… Read More>>

While New York-based quest for a $40 billion valuation in its next upcoming financing round has focused global attention … Read more>>>

Martijn Roordink Spaces

Spaces Kicks Off Nine-Fold Expansion in Singapore Co-Working Centres

Martijn Roordink Spaces

2018/07/02 by Richard Meyer Leave a Comment

Co-working provider Spaces is opening five new locations in Singapore by the end of next year, taking its holdings in the country from a single site to half of a dozen shared office centres as rising rents and changing work… Read More>>

Co-working provider Spaces is opening five new locations in Singapore by the end of next year, taking its holdings in … Read more>>>

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