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>>
SOHO 3Q Targets 66% Growth This Year in Run-Up to 2019 IPO
Soho China, one of the largest office developers on the mainland, is aiming for a 2019 Hong Kong IPO for its co-working spinoff Soho 3Q, according to a statement by the company, as investor interest and occupier demand continues to… Read More>>
IHG to Add 300 China Hotels Within Five Years and More Asia Real Estate Headlines
China’s 1.3 billion people need more places to stay as they increasingly hit the road and a plan by the parent company of Holiday Inn hotels to build 300 new hotels to house these mainland travellers leads today’s real estate… Read More>>
Sino-Ocean, Huarong Rongde Lead $78M Bet on Co-Working Startup Nashwork
Sino-Ocean Capital and Huarong Rongde Asset Management have become the latest Chinese investors to bet on co-working, leading a RMB 500 million ($78 million) financing round in Beijing-based flexible office operator Nashwork.
The fresh investment round, announced on Nashwork’s official… Read More>>
SG Co-Working Operator The Great Room Leases First HK Space in Swire’s One Taikoo Place
High-end Singaporean co-working provider The Great Room is venturing into Hong Kong for the first time by leasing a full floor in Swire Properties One Taikoo Place project in Quarry Bay, according to a revelation today by Swire’s head of… Read More>>
Softbank Leads $20M in Funding for Indonesian Co-Working Provider’s SE Asia Expansion
Indonesia’s largest co-working operator, EV Hive, has bagged $20 million in fresh funding from a roster of investors including an affiliate of Japan’s SoftBank Group, as Southeast Asia’s flexible space race continues to heat up.
The funds from the series… Read More>>
WeWork India Said in Talks with Goldman, Warburg Pincus, GIC to Raise $200M
The Indian arm of US co-working giant WeWork is reported to be in early stage talks with investors including Goldman Sachs and Warburg Pincus to raise up to $200 million, a move that could boost WeWork India’s valuation to as… Read More>>
Alibaba-Backed Kr Space Said Seeking $200M to Fuel Expansion
Kr Space is said to be seeking to raise no less than $200 million in a new funding round, as the Beijing-based coworking space operator strives to give WeWork a run for its money in China.
Kr Space, the spinoff… Read More>>
Alibaba-Backed Kr Space Debuts in Hong Kong with 7-Floor Wan Chai Lease
Kr Space, the co-working spinoff of Alibaba-backed technology platform 36Kr, has picked Hong Kong for its first centre outside of mainland China, leasing seven stories in the One Hennessy office building in Wan Chai while it looks to open other… Read More>>
Flexible Office Space in Asia Surges 150% in 3 Years, Operators Double, JLL Finds
Asia Pacific is leading the global surge in flexible offices, with total co-working and serviced office space in the region soaring 150 percent from 2014 to 2017, according to a new report by property consultancy JLL.
During those three years,… Read More>>
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