This week in Asia’s latest round of real estate industry professionals finding new roles, there’s a surge of hiring by flexible office providers with half of our subjects landing their latest job with a co-working or serviced office operator. Also… Read More>>
WeWork, Naked Hub Expand in Hong Kong’s Kowloon East
WeWork, the New York-based shared office brand, is expanding its footprint in Hong Kong, on the heels of announcing $4.4 billion of new investment for its Asian growth drive.
The $17 billion firm has leased a full floor, covering nearly… Read More>>
SoftBank, Vision Fund Pump $4.4B into WeWork for Asia Growth
New York-based WeWork is adding $3 billion to its war chest from Japan’s SoftBank Group and the SoftBank Vision Fund, as the world’s biggest co-working startup aims for dominance of the Asian market. The fresh infusion of capital comes on… Read More>>
Wanda’s Vista Tower Still on Track Says Chicago Partner And More Asia Real Estate Headlines
At the top of the news, Wanda’s partner in Chicago says the 98-storey Vista Tower is progressing as planned, notwithstanding the mainland group’s proposed reshuffling of overseas assets. In other headlines, shared office giant WeWork is suing its similarly named… Read More>>
WeWork Acquires SG’s SpaceMob in $500M SE Asia, Korea Push
WeWork, the New York-based flexible office giant, has announced a $500 million investment in a new vehicle to fund its expansion in Southeast Asia and South Korea, in another milestone for the region’s co-working sector.
In tandem with the investment,… Read More>>
SoftBank, Hony Lead $500M Investment in WeWork China Expansion
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>>
WeWork Leads Hipster Takeover of Lan Kwai Fong – Adds HK Hotel to Co-Working Empire
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>>
COLI-Sino Land-K Wah JV Wins HK Condo Site with $1.1B Bid and More Asia Real Estate Headlines
Topping today’s headlines is the latest record land sale in Hong Kong, as a mainland-HK joint venture takes home a New Territories residential site for HK$8.33 billion. Also in the headlines, both WeWork and Savills are expanding in India, and… Read More>>
WeWork (and URWork) Prepare to Battle for Singapore Co-Working Market
Co-working unicorn WeWork is building up a team to bring its shared office platform into Singapore, with mainland competitors URWork and naked Hub also targetting the southeast Asian financial centre.
WeWork is preparing to enter the Singapore co-working space according… Read More>>
URWork-New Space Merger to Create RMB 9B Global Co-Working Player
One of China’s top shared office players, URWork, has inked an agreement with rival New Space for a strategic merger, according to a recent joint announcement by the two mainland flexible office providers.
The market valuation of the combined companies… Read More>>