Co-working space at Leighton Centre in Hong Kong operated by theDesk. The company’s CEO said that operators are likely to increase rents as the industry undergoes a wave of consolidation. Photo: Handout

Hong Kong co-working operators set to raise rates as consolidation weeds out weaker rivals

  • Monthly rent of US$741 for 60 sq ft of co-working space in Hong Kong already the highest among 14 cities in Asia-Pacific
  • Colliers sees consolidation in the co-working segment as overexpansion has made it unprofitable for some players.
Topic |   Hong Kong property

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Co-working space at Leighton Centre in Hong Kong operated by theDesk. The company’s CEO said that operators are likely to increase rents as the industry undergoes a wave of consolidation. Photo: Handout
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