A survey of senior executives at global corporates has found an increasing willingness to enter into flexible work space arrangements as they move farther away from traditional leasing models for offices, embracing a trend started by digital nomads and hipster… Read More>>
Chinese Co-Working Unicorn Ucommune Raises $200M at $3B Valuation
Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, bringing in $200 million to further accelerate the expansion of its global footprint, according to a company statement.
The deal, described as… Read More>>
New $3B Softbank Investment Boosts WeWork Valuation to at Least $42B
American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has committed another $3 billion to the company, boosting its valuation to at least $42 billion.
Softbank is investing in WeWork through a warrant that allows… Read More>>
The Workspace Revolution, and How It’s Dynamically Changing the Property Industry Sponsored Feature
Picture an office. You’re probably thinking of linoleum, green walls and a gloomy atmosphere that you need to travel down a congested motorway to get to, day in, day out. But a workspace can, and should, be so much more…. Read More>>
WeWork Opens Three More SG Locations Adding 2,500 Desks
Global flexible workspace provider WeWork on Wednesday announced that it has opened three new locations in Singapore’s city centre. The trio of new flexible office facilities brings the $20 billion space providers number of centres in the city-state to a… Read More>>
Mainland Co-Working Heavyweight Ucommune Acquires Rival Fountown
Chinese co-working giant Ucommune continued its 2018 expansion streak by fully acquiring its Shanghai-based rival Fountown, adding 26 locations in Beijing and Shanghai to its mainland portfolio.
“I’m positive about the future growth outlook of the co-working economy in China… Read More>>
Goldman-Backed Co-Working Startup Atlas Valued at $871M in Latest Funding Round
Goldman Sachs-backed co-working provider Atlas on Friday announced that it has completed a new round of financing which values the Guangzhou-based firm at HK$6.8 billion ($871 million) following completion of the investment.
The flexible workplace provider founded by Chen Sze… Read More>>
CapitaLand Invests $20M to Bring Co-Working to Prime SG Towers
CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible office space” into the developer’s traditional commercial projects. The Singaporean real estate giant says it is already at work implementing the new strategy… Read More>>
How Flexible Workplaces Can Pave the Way for Business Transformation Sponsored Feature
There are disrupters in every industry. Companies forcing positive change on the services we pay for every day. Spotify with music. Uber with transport. Netflix with TV and film. And the greatest disrupters go even further than just changing the… Read More>>
Singapore Flexible Office Leases Jumped 44% in 2017
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>>
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