A general view of Tower 535 along Jaffe Road, in Causeway Bay on March 31, 2021. Photo: Martin Chan A general view of Tower 535 along Jaffe Road, in Causeway Bay on March 31, 2021. Photo: Martin Chan
A general view of Tower 535 along Jaffe Road, in Causeway Bay on March 31, 2021. Photo: Martin Chan
Business

WeWork will shut eight floors of co-working space in Causeway Bay, shrinking its Hong Kong footprint by half as social distancing, work-from-home arrangements crimp demand

  • WeWork will give up 90,000 square feet of space over eight floors at Tower 535 at Jaffe Road in Causeway Bay, according to people familiar with the matter
  • The company may incur a penalty for breaking its lease, which ends in 2025, people said

Topic |   Hong Kong property
Sandy Li
Sandy Li

Updated: 8:24pm, 31 Mar, 2021

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A general view of Tower 535 along Jaffe Road, in Causeway Bay on March 31, 2021. Photo: Martin Chan A general view of Tower 535 along Jaffe Road, in Causeway Bay on March 31, 2021. Photo: Martin Chan
A general view of Tower 535 along Jaffe Road, in Causeway Bay on March 31, 2021. Photo: Martin Chan
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