Singapore is experiencing prosperity with the coworking phenomenon being as popular as the other places in the Asia Pacific market. It is very evident in a commercial real estate market whose office rents are still very high. Coworking spaces also have become one of the ways to know which businesses in the country can afford […]
WeWork, an American company co-working space provider, has officially opened its new WeWork Lab located in Robinson Road and is expected to accommodate 50 members. The lab is especially for the early-stage start-ups. It is the company’s innovation platform to give the members access to custom programming, mentorships, investments, and educational resources to grow their […]
Initially led by startups, freelancers, and tech firms, the demand for coworking spaces has grown substantially sincere 2015 – from sterile fluorescent tube-lit and cubicle-filled offices to swanky spaces resembling a chic apartment or hotel lobby, the modern workplaces surely have come a long way as large businesses embrace the sharing economy. While the mainland […]
Basically, co-working means “getting more work done” to corporates. In a Fast Company article, it said that big-time corporations like Amazon, Twitter, Google, and half of the Fortune 500 offer their staff temporary spaces (Regus) to hold meetings or to get work done on the road. According to Regus CEO Mark Dixon, it is because […]
In the Central Business District (CBD), there are 53 co-working space locations currently, up from about one-fifth of the overall 40 co-working offices a year ago. The concept of co-working has found favor among start-ups and small and medium enterprises which are not ready to commit to a long-term office lease. In recent years, co-working […]
Dr. Kevin Tomassini, a chiropractor, opened his own practice earlier this year. He chose Core Collective, a co-working space that provided more than the usual access to a desk, internet service, and power sockets. Core Collective is a co-working center aimed at health and wellness professionals. Not that it only provides desk, internet service, or […]
To counter the aggressive expansion plans of foreign competitors entering the market, the Philippines’ largest real estate developer, Ayala Land, plans to open more co-working spaces across the country. As part of its regional expansion, WeWork officially launched its Philippine operations early this week. WeWork is a US-based, multibillion-dollar startup backed by Japan’s SoftBank Group. […]
Property investment is dragged down by the lack of big-ticket investment deals. From $32.2b in 2018, retail investment sales slipped by 6.2% YoY as sales in retail, office, and industrial sectors declined. While developers are reassessing their development pipeline, the economic uncertainties are expected to continue to affect the sector’s sales, which moderated due to […]
According to two management experts, co-working spaces is still premature to conclude that they are advantageous on the whole even though the social experiments were conducted a decade ago. Chances are, you may already have tried out a co-working space. Today, most people would have heard of co-working spaces – shared offices that independent knowledge […]