Asia real estate and outbound investment news
The battle for China’s co-working market has kicked into high gear, with New York-based shared office giant WeWork announcing it has raised $500 million for a new China unit.
Japan’s SoftBank and China’s Hony Capital are leading the investment in… Read More>>
Pub owners have blamed an invasion of hipsters swilling cheap beer at the local 7-Eleven for killing off some of Lan Kwai Fong’s best bars and clubs. Now the millennial menaces are poised to claim another victim in the famed… Read More>>
naked Hub, the Shanghai-based co-working startup, has just landed in Hong Kong, unveiling its first centre outside the mainland in the city’s Sheung Wan area. The new facility marks a milestone for the company backed by Gaw Capital as it… Read More>>
Shared office unicorn URWork has just closed another round of funding, with Beijing Aikang Group injecting RMB 200 million ($29.4 million) into the startup that aims to be China’s answer to WeWork, the company announced this week.
The latest cash… Read More>>
Co-working pioneer WeWork made global headlines a year ago when it opened in Shanghai, marking the first foothold in the world’s second largest economy for the $20 billion co-working company.
But it didn’t take long for China’s local players to… Read More>>
Workplace strategy has become a major new area of professional services in the last decade as companies from established multinationals to high tech startups put a premium on designing offices and facilities that support businesses adapting new technologies and collaborative… Read More>>
According to a new report from Colliers International (NASDAQ: CIGI; TSX: CIGI), a global leader in commercial real estate services, multinational corporations are reaping the benefits of using flexible workspace in Asia Pacific.
As revealed in Colliers’ newly released Flexible… Read More>>
JustCo is eager to become southeast Asia’s answer to WeWork, and the Singapore-based flexible office startup has taken a step towards achieving that goal by opening what it says is the city’s largest interconnected co-working centre.
At 40,000 square feet… Read More>>
Shanghai-based co-working startup naked Hub has closed a $33 million funding round led by Hong Kong’s Gaw Capital to build on its China-based vision of a shared office future, according to statements by Gaw Capital and naked Hub executives.
With… Read More>>
Flexible workspace operators are on the rise.
In Hong Kong, as at June 2016, flexible workspace operators have committed to over 270,000 sq ft of office accommodation in this calendar year, and this is forecast to hit… Read More>>
