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Christian Lee WeWork

WeWork Gears Up for 8-City Push into South China, Second-Tier Markets

2018/02/07 by Shawna Kwan Leave a Comment

Global co-working space giant WeWork will expand into eight more cities in China this year, said Christian Lee, Managing Director of WeWork Asia at a press conference in Hong Kong.

With a combined ten centres in mainland China at present,… Read More>>

WeWork’s Chinese Nemesis Leases First Hong Kong Space

2018/01/09 by Shawna Kwan Leave a Comment

The Chinese co-working startup formerly known as UrWork, has reportedly leased a full floor at Grand Millennium Plaza in Sheung Wan, preparing to open its first shared office centre just minutes away from Hong Kong’s Central business hub.

Now going… Read More>>

URWork Mao Daqing

Mainland Co-Working Startup URWork Raises $45M in Series C Cash at $1.3B Valuation

2017/12/26 by Michael Cole 3 Comments

Beijing-based URWork has raised RMB 300 million ($46 million) from a trio of mainland investment firms in a series C funding round that values the mainland co-working provider at RMB 9 billion ($1.3 billion), according to a recent announcement by… Read More>>

Deborah Ho BlackRock

Asia Real Estate People in the News 2017-12-26

2017/12/26 by Michael Cole Leave a Comment

Santa has finished making his Christmas rounds, but apparently not before bringing some new roles to the good boys and girls of Asia’s real estate industry. Over the holiday season asset management major BlackRock introduced its new head of Southeast… Read More>>

Adam Neumann WeWork

WeWork Leases 10-Storey Tower in Shanghai for Biggest-Ever Co-Working Centre

2017/12/11 by Greg Isaacson Leave a Comment

US co-working giant WeWork has leased an entire grade A office building in downtown Shanghai, where the $20 billion startup will open its largest-ever shared office centre.

The take-up of the 27,000 square metre tower in the China Overseas International… Read More>>

Alan Ai WeWork

WeWork, naked Hub Push Co-Working into Alibaba’s Home Town

2017/11/26 by Greg Isaacson Leave a Comment

The trend toward cosy offices with beer on tap is spreading beyond China’s first-tier cities, with Shanghai-based flexible office brand naked Hub announcing a new centre in Alibaba’s home town of Hangzhou, and US giant WeWork eyeing expansion into select… Read More>>

Alan Ai WeWork

WeWork, naked Hub Battle for Hong Kong Co-Working Hegemony with New Centres

2017/11/06 by Greg Isaacson Leave a Comment

Global shared office giant WeWork is said to be renting three floors of a grade A office tower in Quarry Bay to launch its latest venue in Hong Kong, as the city’s co-working market continues to heat up.

The $20… Read More>>

Chen Feng HNA

China Sanctions HNA for Related Party Deals and More Asia Real Estate Headlines

2017/10/12 by Michael Cole Leave a Comment

China’s cross-border investors continue to draw regulatory ire today, as the country’s insurance regulator slaps HNA for using its insurance division as a slush fund. Also in the news, Tujia.com raises a war chest for its own international expansion, and… Read More>>

jennie cho

Asia Real Estate People in the News 2017-10-02

2017/10/02 by Michael Cole Leave a Comment

It’s a holiday today in Hong Kong and in mainland China, but that doesn’t mean that people have stopped finding new roles as they pause to honor the big red country’s national day. Leading off this week’s people moves is… Read More>>

Mao Daqing

UrWork Vows to Fight WeWork for New York Co-Working Market

2017/09/30 by Michael Cole Leave a Comment

The battle for dominance in the global co-working market is heating up and for Beijing-based provider UrWork the contest with its US rival WeWork could be turning into a grudge match.

WeWork issued a statement on Friday seeming to claim… Read More>>

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