Causeway Bay set to become the heart of co-working space in Hong Kong
Campfire Collaborative Spaces will have 38,820 square feet of collaborative work space in V Point office tower when it opens in July
Causeway Bay is set to become the heart of co-working space in the city once Campfire Collaborative Spaces opens its 38,820 square feet of space in V Point office tower which will open in July next year.
Hong Kong-based Campfire has taken up nine floors in the grade A commercial building, which will also include fine dining restaurants and lifestyle concept stores.
CBRE said Causeway Bay, the second-most expensive retail strip in the world after New York’s Fifth Avenue, will have 220,900 square feet of co-working space or nearly a quarter of total supply in Hong Kong.
“It will be the largest co-working submarket,” said Dane Moodie, director of advisory and transaction services at CBRE in Hong Kong.
Central comes next with 159,000 square feet of collaborative work spaces followed by 158,000 square feet in Sheung Wan.
