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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>>

Indonesian Co-Working Player CEO Suite Takes Kowloon Office Forfeited by Kr Space

2019/05/30 by Jan Kot 2 Comments

Jakarta-based co-working provider CEO Suite is opening a 27,000 square foot (2,508 square metre) office location in New World Development’s K11 Atelier in Tsim Sha Tsui, according to market sources who spoke with Mingtiandi, moving into a prime Hong Kong… Read More>>

liu chengcheng Kr Space

Kr Space Rises From China’s Co-Working Dead with RMB 1B IDG-Led Funding Round

2019/05/16 by Jan Kot Leave a Comment

Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion ($145 million) round of funding, jointly led by IDG Capital, Gopher Asset Management and Hubei Yixing Capital.

Kr Space’s biggest fund-raising ever,… Read More>>

Infinitus Tower Shanghai

IWG’s Spaces Takes Over Xintiandi Co-Working Centre After Kr Space Default

2019/05/08 by Jan Kot Leave a Comment

Spaces, the co-working arm of European flexible office giant IWG, has taken over a 5,000 square metre (54,000 square foot) office space next to Shanghai’s Xintiandi complex, securing the location in the Infinitus Tower from former occupier Kr Space, according… Read More>>

Asia Real Estate People in the News 2019-05-06

2019/05/06 by James Hatton Leave a Comment

In this week’s edition of People in the News, hard times for a luxury residential developer and a mainland co-working operator may have prompted some job searches in China, while May brings some fresh moves elsewhere including a promotion in… Read More>>

Donald Choi, Liu Chengcheng Kr Space

Chinachem Sues Kr Space for HK$500M After HK Co-Working Lease Collapse

2019/04/10 by Jan Kot Leave a Comment

Hong Kong-listed Chinachem is suing Kr Space for HK$500 million ($63.8 million) accusing the mainland co-working space provider of breaking a five-year lease contract, according to a writ filed by the property developer with Hong Kong’s High Court.

Kr Space,… Read More>>

Donald Choi, Liu Chengcheng Kr Space

Kr Space Surrenders $840K Per Month Lease in Hong Kong’s One Hennessy

2019/04/03 by Jan Kot Leave a Comment

Mainland co-working startup Kr Space has surrendered an 83,000 square foot (7,712 square metre) lease in Hong Kong’s Wanchai district, casting doubts over the future of one of the major players in China’s boom-gone-bust flexible office industry.

The decision by… Read More>>

liu chengcheng kr space-tb

Mainland Co-Working Start-Up Kr Space Said Closing Six Centres Amid Cash Crunch

2019/02/21 by Jan Kot Leave a Comment

Mainland co-working provider Kr Space, a spinoff of Alibaba-backed tech media firm 36Kr, is said to be closing down six locations, spanning 30,000 square meters (322,917 square feet) according to local media accounts, a move which casts doubts over the… Read More>>

One Hennessy Wanchai

Co-Working Operators Cut Staff in HK as Funding Dries Up and More Asia Real Estate Headlines

2019/01/22 by Michael Cole Leave a Comment

Just one month after backing away from a potential lease deal at The Center in Hong Kong, one of the mainland’s biggest co-working companies is already laying off staff and revising projections, according to a media account today, raising the… Read More>>

The Center, Central, Hong Kong

KR Space Balks at Lease in the Center and More Hong Kong Real Estate Headlines

2018/12/19 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, shared workspace provider KR Space has balked at paying HK$4.3 million monthly for office space it had planned to rent at The Center on Queen’s Road, with a report in the Apple Daily… Read More>>

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