China’s economy grew by 6.3 percent in the second quarter, compared to a year earlier, showing that the country is on track for recovery, although with challenges still remaining, many companies have adopted a “wait-and-see” approach to big decisions, such… Read More>>
China Office Surge Challenges Landlords to Enhance Facilities, Services Sponsored Feature
Office landlords in China’s largest commercial hubs are rolling out more than 10 new projects in 2023, challenging owners of existing properties to compete for tenants and align their offerings with changing occupier demand, according to agency statistics.
In Shanghai… Read More>>
How Flexible Office Partnerships Can Boost Occupancy in China Sponsored Feature
Average vacancy in Shanghai’s grade A office market reached 16.5 percent at the end of 2022, according to the most recent report from Cushman & Wakefield, with the broad range of choices available to occupiers putting pressure on landlords to… Read More>>
Swire Tower in Hong Kong Opens as IWG Flexible Office Centre
Flexible office giant IWG this past week announced the opening of a new venue occupying all 18 floors of Swire Properties’ 8 Queen’s Road East in Wan Chai, adding 67,000 square feet (6,224 square metres) of flexible space to Hong… Read More>>
IWG Takes Over WeWork’s Former Hong Kong Flagship in Causeway Bay
Flexible office giant IWG’s sixth Spaces centre in Hong Kong will open at WeWork’s former flagship location in Causeway Bay’s Tower 535, becoming the fourth IWG outlet in the city to be grafted onto a space vacated by the once-highflying… Read More>>
IWG Rolls Out “McDonald’s-Style” Regus, Spaces Franchises in Hong Kong
While WeWork’s IPO fiasco continues to shake the co-working universe, the world’s largest serviced office provider has announced that it has begun making available franchise opportunities under its Regus and Spaces brands in Hong Kong.
IWG, which started operating flexible… Read More>>
IWG Brings Regus Franchise Sale Plan to Singapore, Greater China
While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which operates five times more flexible office globally than the co-working pioneer, is expanding a franchising program in a bid to offer… Read More>>
IWG’s Spaces Takes Over Xintiandi Co-Working Centre After Kr Space Default
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>>
GIC, COFCO Said Piloting Mainland REIT and More Asia Real Estate Headlines
The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been millimetring toward listed property trusts for more than a decade, but now seem ready to launch a pilot… Read More>>
Spaces Opens 20-Storey Co-Working Centre in HK’s Central District
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>>