Topic
TOPIC
- WeWork China opened a social and events space that takes up half of one of its Beijing co-working spaces to tap the cultural resources of online platform Douban
- It is part of the company’s plan to create spaces tailored to appeal to local markets – its offices in Shanghai, for example, are different to those in Beijing
The joint venture will acquire and operate shared-office operator IWG’s 32 existing locations and the Regus, Spaces and Signature brands in the Greater Bay Area.
The joint venture will acquire and operate shared-office operator IWG’s 32 existing locations and the Regus, Spaces and Signature brands in the Greater Bay Area.
Hong Kong’s co-working sector is set to stabilise and recover after a period of rapid expansion and will be supported by the remote working trend.
Hong Kong’s co-working sector is set to stabilise and recover after a period of rapid expansion and will be supported by the remote working trend.
The incident appears to be the latest woe for Danke, after being caught in November between angry landlords who were owed their rent and sublet tenants who had paid their deposits but were evicted.
The incident appears to be the latest woe for Danke, after being caught in November between angry landlords who were owed their rent and sublet tenants who had paid their deposits but were evicted.
Changing fortunes and US$10 billion losses are all in a day’s work for SoftBank CEO Masayoshi Son – but is the Japanese mega-investor with a US$21 billion fortune falling on harder times since the pandemic hit?
Changing fortunes and US$10 billion losses are all in a day’s work for SoftBank CEO Masayoshi Son – but is the Japanese mega-investor with a US$21 billion fortune falling on harder times since the pandemic hit?
The Executive Centre (TEC) is banking on the future business hub to fuel its expansion even as Colliers sees shared office operators giving up vast swathes of space amid the Covid-19 pandemic.
The Executive Centre (TEC) is banking on the future business hub to fuel its expansion even as Colliers sees shared office operators giving up vast swathes of space amid the Covid-19 pandemic.
The world’s largest operator of serviced offices is taking floors 31 and 32 of Hysan Place which were abandoned by WeWork in April amid dwindling demand.
The world’s largest operator of serviced offices is taking floors 31 and 32 of Hysan Place which were abandoned by WeWork in April amid dwindling demand.
WeWork, the US operator of shared work spaces, has given up 182,000 sq ft in Causeway Bay and Tsim Sha Tsui, two of Hong Kong’s prime office districts, according to agents familiar with the matter.
WeWork, the US operator of shared work spaces, has given up 182,000 sq ft in Causeway Bay and Tsim Sha Tsui, two of Hong Kong’s prime office districts, according to agents familiar with the matter.
WeWork had planned to open in Causeway Bay, Tsim Sha Tsui and Kowloon Bay last year, but these have been delayed as it prioritises safety of its operations globally.
WeWork had planned to open in Causeway Bay, Tsim Sha Tsui and Kowloon Bay last year, but these have been delayed as it prioritises safety of its operations globally.
Beijing-based Kr Space confirms that it was handing over the space back to Wharf Real Estate Investment Company and was in talks with the landlord on compensation for breaking the lease.
Beijing-based Kr Space confirms that it was handing over the space back to Wharf Real Estate Investment Company and was in talks with the landlord on compensation for breaking the lease.
WeWork is slashing almost 20 per cent of its workforce in a restructuring of its money-losing operation after a doomed global stock offering.
WeWork is slashing almost 20 per cent of its workforce in a restructuring of its money-losing operation after a doomed global stock offering.
The potential retreat comes after WeWork said just last week it plans to expand its footprint in Hong Kong and open four new locations this quarter. Some of those are among the spaces it is now looking to vacate.
The potential retreat comes after WeWork said just last week it plans to expand its footprint in Hong Kong and open four new locations this quarter. Some of those are among the spaces it is now looking to vacate.
Market observers believe the flexible office market is here to stay, but it is due for a shake-up and see new business models emerging.
Market observers believe the flexible office market is here to stay, but it is due for a shake-up and see new business models emerging.
The Israeli-born businessman whose wife, Rebekah, is actor Gwyneth Paltrow’s cousin, has been scrutinised for his lavish spending, excessive partying and dodgy work ethic
The Israeli-born businessman whose wife, Rebekah, is actor Gwyneth Paltrow’s cousin, has been scrutinised for his lavish spending, excessive partying and dodgy work ethic
Founder Adam Neumann will now leave the company’s board as part of the package, who will still get US$1.2 billion in WeWork stock
Founder Adam Neumann will now leave the company’s board as part of the package, who will still get US$1.2 billion in WeWork stock
There have been spectacular successes and breathtaking failures as start-ups change the face of business, making it a challenge for governments to set the rules