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>>
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>>
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>>
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>>
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>>
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>>
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>>
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>>
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, 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>>