News about co-working space

KUALA LUMPUR (Dec 5): New York based co-working space WeWork will be opening its first co-working space in Kuala Lumpur in 1Q19.

PETALING JAYA (July 26): Leasing enquiries from the oil and gas and related sectors as well as multinationals in other service industries exploring the Kuala Lumpur office market have picked up in the first half of 2018 (1H18) as the crude oil price appears to stabilise, according to Knight Frank Malaysia.

KUALA LUMPUR (June 28): Luxury serviced office and co-working space provider Colony is set to open its third location at KL Sentral by the end of this year, Colony Space Asia co-founder and executive director Timothy Tiah told EdgeProp.

PETALING JAYA (April 9): Cornerstone Partners Group, a hospitality investment firm based in Asia, has acquired a 10% stake in luxurious co-working space Colony, Colony Space Asia executive director and co-founder Timothy Tiah told EdgeProp.

PETALING JAYA (March 26): A stronger performing economy has not helped the Kuala Lumpur office property sector as it continues to struggle with an oversupply of new buildings amidst subdued leasing activities, said global consultancy firm Knight Frank.

No longer an alien concept, co-working spaces have been gaining more attention of late.

Co-working centres continue to expand globally, although the rate of growth slowed from 30% in 2015 to 22% in 2016, according to Deskmag’s Global Co-working Survey 2017.

MANY co-working operators do not really understand co-working, according to Kong Wan Sing, founder and CEO of JustCo, a home-grown serviced office and co-working operator.

SINGAPORE (Jan 19): City Developments Ltd (CDL) has signed an agreement to invest RMB72 million (S$14.

STARTING up your own business seems to be the trend these days, especially among those aged 40 and below.