Asia Pacific real estate investment news and information
The tenants occupying Asia’s prime office buildings have changed dramatically in the last thirty years with tech companies now taking up an estimated 20 percent of grade A space in some of the region’s largest office markets.
Despite the growing… Read More>>
Asia’s fast-growing flexible office sector has chalked up another merger, with Shanghai-based naked Hub acquiring local rival Raise Office, a co-working operator with four centres in the mainland financial hub.
Through the recently announced deal, the set of Raise Office… Read More>>
US co-working giant WeWork has leased an entire grade A office building in downtown Shanghai, where the $20 billion startup will open its largest-ever shared office centre.
The take-up of the 27,000 square metre tower in the China Overseas International… Read More>>
The trend toward cosy offices with beer on tap is spreading beyond China’s first-tier cities, with Shanghai-based flexible office brand naked Hub announcing a new centre in Alibaba’s home town of Hangzhou, and US giant WeWork eyeing expansion into select… Read More>>
The global co-working craze has spread to Southeast Asia, where Amsterdam-based Spaces is raising its profile by preparing to open two more shared workspace venues in Bangkok and Jakarta.
Spaces, a subsidiary of serviced office giant IWG (the parent company… Read More>>
Global shared office giant WeWork is said to be renting three floors of a grade A office tower in Quarry Bay to launch its latest venue in Hong Kong, as the city’s co-working market continues to heat up.
The $20… Read More>>
Singapore-based JustCo has closed on a Series B funding round that brings its valuation to $200 million, making it the most valuable co-working operator in Southeast Asia, after bagging a $12 million investment from Thai developer Sansiri. The new funding… Read More>>
Chinese co-working startup UrWork is bringing its flexible office model to Los Angeles County this month, marking its first centre in the US as a legal battle disrupts the company’s planned New York debut.
UrWork has announced it will open… Read More>>
A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend toward converting hospitality space into co-working centres, as yet another hotel in the centre city looks set for conversion into… Read More>>
The battle for dominance in the global co-working market is heating up and for Beijing-based provider UrWork the contest with its US rival WeWork could be turning into a grudge match.
WeWork issued a statement on Friday seeming to claim… Read More>>
