Asia real estate and outbound investment news
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>>
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>>
Chinese co-working startup Ucommune has launched a blockchain development platform, in a move to add a high-tech edge to its network of shared office spaces.
The new program, Ucommune Blockchain Lab, was inaugurated in Beijing on Monday. Member companies will… Read More>>
When the American Chamber of Commerce in China decided to move its Beijing headquarters, the organisation that represents 900 American companies across the mainland chose a co-working centre for its new home in the Chinese capital.
This past January, AmCham… Read More>>
Chinese flexible office operator Ucommune has announced a strategic merger with Shanghai-based rival Workingdom, marking the fourth such tie-up by the fast-growing startup this year.
Ucommune said last week it had agreed to invest in and merge with Workingdom, which… Read More>>
Singapore’s biggest commercial developer CapitaLand has launched its first co-working space in China with the opening of C3 (“C Cube”) in Shanghai, the company announced.
Located in CapitaLand’s Innov Center office project in Yangpu district, the shared office centre covers… Read More>>
Global co-working giant WeWork is acquiring Shanghai-based naked Hub for a reported $400 million with the two parties issuing a joint statement today.
“China-born naked Hub and WeWork may come from vastly different backgrounds, but there is more that binds… Read More>>
Ucommune, the flexible office provider formerly known as UrWork, has acquired co-working rival Woo Space in the startup’s latest expansion play — boosting Ucommune’s valuation to $1.7 billion, the company announced.
China’s biggest co-working space provider informed Mingtiandi that the… Read More>>
Global co-working space giant WeWork will expand into eight more cities in China this year, said Christian Lee, Managing Director of WeWork Asia at a press conference in Hong Kong.
With a combined ten centres in mainland China at present,… Read More>>
Chinese co-working operator Naked Hub is going intercontinental by scooping up Australian flexible office platform Gravity. The Shanghai-based startup has signed a deal to take a 70 percent stake in Gravity, which operates three co-working venues in Sydney, Melbourne and… Read More>>
