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WeWork Pottinger

WeWork Gives Up Location in Hong Kong’s Central, City Footprint Cut by 30%

2020/06/20 by Mingtiandi Team 1 Comment

WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi late this past week that the shared workspace provider has abandoned it fourth location in the city since late last year.

After having… Read More>>

Mark Dixon IWG

IWG to Open Causeway Bay Centre as Regus Parent Plunders WeWork Spoils

2020/06/03 by James Hatton Leave a Comment

The parent company of Regus has helped itself to a space in Hong Kong vacated by rival WeWork, as the balance of power shifts within the flexible office universe.

IWG, which owns Regus and four other flexible office brands, confirmed… Read More>>

Abandoned WeWork Centres Put Up for Lease in Kowloon

2020/05/11 by Stephanie Li Leave a Comment

WeWork has surrendered three lease commitments in Hong Kong as the US co-working giant continues to restructure its portfolio, according to a person with knowledge of the matter who spoke to Mingtiandi.

Mingtiandi understands that WeWork has surrendered its centre… Read More>>

son neumann

Softbank Backs Away From Buying $3B in WeWork Shares, Cites China Restructuring

2020/03/18 by Michael Cole Leave a Comment

Softbank has reportedly pulled back from buying $3 billion in WeWork shares from existing shareholders, citing legal investigations of the company’s management and a possible restructuring of the co-working giant’s China business.

The Japanese investment firm sent a letter to… Read More>>

liu chengcheng Kr Space

Kr Space Surrenders Times Square Location in Final Retreat From Hong Kong 

2019/11/28 by Jan Kot Leave a Comment

Kr Space has surrendered its lease in Hong Kong’s Times Square, bringing to a close the mainland co-working startup’s  ill-fated venture into the Asian financial hub, according to industry sources who spoke with Mingtiandi.

The Beijing-based operator, which completed a… Read More>>

Goldman-Backed Office Startup Atlaspace Hires New Head for Hong Kong

2019/02/18 by Jesus Alcocer Leave a Comment

Goldman Sachs-backed co-working operator Atlaspace has announced the appointment of Wilma Wu as the head of its Hong Kong operation, as mainland flexible office players set their sights on the city.

The company’s new leadership comes five months after the… Read More>>

Nancy Yip of IWG

Spaces Opens 20-Storey Co-Working Centre in HK’s Central District

2019/01/28 by Michael Cole Leave a Comment

Spaces, a co-working stablemate of flexible office giant Regus, has opened its fourth and largest location in Hong Kong, unveiling a 77,000 square foot (7,153 square metre) facility in the western end of Central district last week.

Spaces Sun House… Read More>>

Christian Lee WeWork-02

WeWork Launches Lan Kwai Fong Tower Location in Hong Kong’s Central

2018/12/18 by Jan Kot Leave a Comment

The world’s most valuable co-working provider launched its WeWork LKF Tower on Tuesday in Hong Kong’s famed nightlife district, Lan Kwai Fong.

The $42 billion shared space startup’s latest centre is housed in the former Hotel LKF at 33 Wyndham… Read More>>

alan ai wework

WeWork Opens in Kowloon East With Plans for 18 HK Centres

2018/10/14 by Emma Zhou Leave a Comment

WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, general manager of WeWork Greater China, said at the opening ceremony of the flexible office provider’s first… Read More>>

Martijn Roordink Spaces

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

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>>

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