Son of Agile chairman eyes high-speed-railway launch to boost business for his new Hong Kong co-working space
Atlas already has portfolio of nearly 2 million square feet across mainland China and Vietnam, says founder Chen Sze Long
Growth within Hong Kong’s co-working space sector shows no signs of slowing, but a newcomer on the block plans to ride the launch of the city’s new high-speed-railway link to mainland China, to expand his business.
Already with a co-working space portfolio of nearly 2 million square feet across the mainland and Vietnam, Chen Sze Long – the son of the chairman of mainland property firm Agile Property Chen Zhuo Lin – launched his first Hong Kong workplace in The Gateway in Tsim Sha Tsui (TST) on Monday.
With the commissioning of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, the company expects TST to become the preferred location for firms seeking business opportunities in Hong Kong as well as the rest of China.
“Having a site near the high-speed-railway railway station can bring people from Hong Kong to the rest of China,” said Chen, the founder and chief executive officer of Atlas, which operates grade A office space in central business districts to multinationals and SMEs alike.
It now has 22 centres, 17 of which are in mainland China and four in Vietnam.
The new TST “Atlaspace” is a single-floor, flexible workplace covering 50,000 square feet, which spans the 16th floor of Sun Life Tower, within The Gateway complex.
Offering up to 700 workstations and 64 serviced offices, monthly rents start at HK$8,000 (just over US$1,000) per workstation, with the lowest capacity for five workstations making up a private office, starting at HK$40,000. The first group of tenants moved into Atlaspace last month, 70 per cent of which has been signed up.