WeWork believes the unique location in Lan Kwai Fong will match the needs and preferences of young tenants. WeWork's response to COVID-19 Created with Sketch. The operator also leases out 10 other co-working restaurant sites. In Hong Kong, WeWork has signed a few long-term leases with Hysan Development. HYPEBEAST® is a registered trademark of Hypebeast Hong Kong Ltd. Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more. We’re carrying out more intensive and frequent cleanings to protect the wellbeing of our members and employees. That means that whether you’re looking for day-to-day flexibility, your own office or a quick place to hold that big workshop, you’ll find what you need right here. Revenue increased from $886 million in … Kehlani, Kari Faux, Vince Staples, and more pay tribute to the A$AP Yams mentee. It also has two locations in Hong Kong. For companies of all sizes, WeWork provides the global scale and flexibility to help your business adapt to uncertainty. All 4 units *Rent is negotiable . Gain access to open workspace across hundreds of WeWork buildings worldwide. “Rather than implementing a companywide policy on rent payments, we are individually reaching out to our more than 600 global landlord partners to work in good faith towards finding asset-specific solutions that benefit all parties involved.”. Swiss flexible workspace giant IWG has taken over rival WeWork’s 50,000 square feet of office space in Tsim Sha Tsui, the second time this year it has swooped on one of the American provider’s vacated premises in Hong Kong.The space, to be rebranded as Signature at Gateway, is located in Gateway Tower 5, one of 10 commercial buildings that sit on top of the Harbour City mall. 'Cleaning efficiency' The machine sends an alert if there is an issue, such as bumping into a wall. Find the space that's right for you. Search properties for rent in Hong Kong. (OTC: IWGFF), formerly known as Regus, a flexible workspace firm has taken over rival WeWork’s Hong Kong office space in an expansion drive. (OTC: IWGFF), formerly known as Regus, a flexible workspace firm has taken over rival WeWork’s Hong Kong office space in an expansion drive. Hong Kong's Richest. Hong Kong Park is 600 metres away. HKG-SE-P-26 . Asking rent from $3,800.00/seat/month . The rent was not disclosed, but Swire said WeWork will pay market rate. WeWork currently has international offices in Israel, the UK, Canada, Netherlands, and Germany with Mexico, India, South Korea, China, Hong Kong, and Australia coming soon. “WeWork believes in the long-term prospects of our locations and our relationships with landlords across the world,” said a statement from a WeWork spokesperson. Hong Kong Nanjing ... To ensure the safety of our spaces, WeWork Community team employees and daily vendors will be temperature checked before the start of their shift, and wear face coverings in our spaces, and while interacting with members. A step-by-step guide to how we revamped our spaces so employees could comfortably collaborate in person, How Covid-19 accelerated the education industry toward 3 major changes innovators have long fought for, By continuing your journey on our site, you consent to the placement of cookies. The new 150,000 square foot (13,935 square metre) lease comes despite the shared office giant revealing last week that it had lost $2 billion dollars in 2018, and media … It is the world's 4th most densely populated sovereign state with a … Situated in Hong Kong, Two MacDonnell Road is 500 metres from Lan Kwai Fong. Four floors in the ultra-modern high-rise are dedicated to WeWork, featuring beautiful lounges, well-connected conference rooms, and sleek private offices. Co-Working Space ... 65 minutes to Hong Kong AirportTake MTR from Tai Koo Station to Central Station and switch to Airport Express Line at Hong Kong Station. Co-working operators usually opt for an asset-light model where they share revenues with the landlords. 33 Wyndham Street Hong Kong. WeWork did not comment on the story, and … It is expected rent will be fixed at HK$60 per square foot per month. Hong Kong Macao Taiwan ... we were similar to WeWork, in that we rent the space from landlords and made them into coworking space for our customers. Free WiFi is provided throughout the property. Home; Locations; Workspace; Enterprise; Ideas; Saved; Have questions or need help? 2020 Hypebeast Limited. WeWork rented more than 100,000 square feet in Hong Kong’s Wan Chai and Causeway Bay areas last year. For Lease Co-Working Space . Other Hong Kong Island; Wework - 14 Taikoo Wan Road ; Wework - 14 Taikoo Wan Road 21/F, 14 Taikoo Wan Road, Taikoo Shing, Hong Kong , Other Hong Kong Island . Move-in ready office space with access to standard amenities and meeting rooms, Office space intentionally designed for larger teams, with community support and options for private meeting rooms and executive offices, Configurable office space on a private floor with options for your own branding and amenities, 24/7 access to open workspace and meeting rooms in one WeWork building of your choice, Your own desk in a shared, lockable office with 24/7 access to amenities and meeting rooms. Money & Politics . The gross floor area leased is approximately 85,000 square feet of office space. WeWork Late on Rent Payments as COVID-19 Negatively Impacts Revenue, Elon Musk Tests Both Positive and Negative for COVID-19, Negative COVID-19 Result, Mandatory Vaccination Required to Attend Ticketmaster Concerts, Nike Pulls Out of Goodyear Facility Citing COVID-19 Impact, MUJI U.S. Serviced Offices / Business Centres by Wework in HONG KONG(p.1) WeWork is a global network of workspaces where companies grow together. IWG Plc. What’s New: U.S. co-working space chain WeWork is dumping about one-fifth of its Hong Kong locations as small enterprises in Hong Kong failed to take up its space offerings in the city, local media reported. We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. Hong Kong’s competitive economy brings out the best in any business, so if you’re looking to play ball with the grandmasters, WeWork is just the place to step up to … In addition to our hallmark amenities like front desk service, private offices, and unique … Finding Lan Kwai Fong Office Space. Within its borders lie vibrant locations such as the historic Western Market and superb access to transport via hubs like the Hong Kong-Macau Ferry terminal. Pick up where you left off. Vintage garments have been given a new life. The three-feet-tall (0.9 metres) vacuum was initially only offered for rent in Japan and Hong Kong. Nearby transit. The news comes soon after WeWork offered various tenants discounts in the hopes to minimalize cancellations as a result of government-mandated quarantines and work-from-home arrangements. The city boasts the most economic freedom of any metropolis in the world, and is a fruitful playground for ventures of all kinds. This location offers members beautifully designed work spaces and world class services, along with a breathtaking view of Victoria Harbor. IWG Plc. MTR Central Station. The accommodation is air conditioned and has a flat-screen TV with satellite channels. Workspace solutions. 2018 saw rent in Hong Kong’s Central district soaring 7.5%, which has made many law firms and finance companies to relocate to cheaper areas of the city. In Hong Kong, WeWork has signed a few long-term leases with Hysan Development. Hong Kong’s competitive economy brings out the best in any business, so if you’re looking to play ball with the grandmasters, WeWork is just the place to step up to the plate. WeWork’s coworking spaces in Hong Kong are the ideal base for you and your business. Co-working operators usually opt for an asset-light model where they share revenues with the landlords. Terms & Conditions HONG KONG – WeWork – a United States-based operator of shared offices (or co-working space) – opened in Hong Kong last year and is set to become the next major tenant of LKF Tower in Central. Featuring a sun shelter, camping chair, portable cot, and packable table. A dedicated desk will cost you 5,800 Hong Kong dollars. ... Hong Kong's richest family loses US$8b in … Why WeWork Is Your … Hong Kong and Mainland China are worlds apart in both culture and lifestyle. A quick glance at WeWork’s Hong Kong website gives a glimpse into the co-working company’s operations in the city. (OTC: IWGFF), formerly known as Regus, a flexible workspace firm has taken over rival WeWork's Hong Kong office space in an expansion drive. Peterson Group, which owns the LKF Tower, said space used for Hotel LKF By Rhombus would be redeveloped for commercial use. The South Korean film took home four Oscars. We’re maximizing outside air use, extending the HVAC schedules when possible, and partnering with landlords to follow CDC and ASHRAE air quality guidelines. Contact Us. Only five months after its initial launch. All Rights Reserved. Swire Properties Ltd. has signed an agreement with WeWork Cos. to lease four floors providing about 54,000 square feet in a commercial tower … All units include a microwave and refrigerator. In response to COVID-19, we are enhancing our health and safety standards for your clients’ peace of mind. Buzzing with cross-sector innovation, this centrally located coworking environment at LKF Tower is ideal for teams of all sizes. WeWork already operates two facilities in Hong Kong. But after opening 9 and counting WeWork offices in Hong Kong, we had to include them in this list! But those are outside the … To learn more about how we use cookies or how you can disable them, please see our, Any information you submit to us through this website will be processed in Russia to the extent required by law, and in accordance with the. IWG, the world’s largest flexible workspace company, has made its first move to capitalise on the retrenchment of WeWork, taking over a Hong Kong office vacated by its rival. WeWork aims to cut rental costs through revenue-sharing leases … but can it persuade Hong Kong’s landlords? WeWork already operates two facilities in Hong Kong. Private office: 8,990/mo. External Office 23 … Book workspace by the day and meeting rooms by the hour when you need it. WeWork opened its first office in China in Shanghai in July 2016, expanding to four properties now, while in Beijing it has two spaces now. At this convenient address, discover floors of co-working and private offices that cater to needs you didn't even know you had. By adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse. Hot desk: HKD 6,200/mo ‍ Access: 24/7. The primary business districts in Hong Kong Island are: Sheung Wan Making up the north-west section of Hong Kong Island, Sheung Wan is a well-established area, dominated by local businesses. WeWork Late on Rent Payments as COVID-19 Negatively Impacts Revenue Hoping to find alternative arrangements with landlords. The monthly rent for a hot desk starts at HK$3,800 (US$484), while the monthly rent of a private office can range between HK$7,600 and HK$142,000, depending on size. WeWork - Wanchai, 10/F, YF Life Tower, 33 Lockhart Road Wanchai, Hong Kong. WeWork, various locations across Hong Kong, www.wework.com Compass Offices A home away from home for budding entrepreneurs and businesses all over the globe, Compass Offices has combined private serviced offices with trendy co-working areas in order to meet all of your needs. The new … WeWork is currently in seven locations in Hong Kong, and it is planning to open two more this year. From luxury boutiques to mom and pop stores, Hong Kong’s retailers are hurting. New York-based WeWork currently operates two facilities in Hong Kong, though those spaces are leased from smaller landlords in Grade B buildings in Wan Chai and Causeway Bay. The rent was not disclosed, but Swire said WeWork will pay market rate. Files for Chapter 11 Bankruptcy Due to COVID-19 Impact, Bryan Cranston Reveals He's Overcome COVID-19, Cristiano Ronaldo Tests Positive for COVID-19, 'Parasite' Now Available to Stream Exclusively on Hulu, NEIGHBORHOOD Teases Outdoor Collab With Helinox, PUMA & Porsche Celebrate the 911 Turbo With Footwear & Apparel Capsule, Awesome Boy and Ichiryu made Customize COOJI, Champion and More for FW20, Philly Rapper & A$AP Mob Affiliate Chynna Has Passed Away at 25, here’s everything we know about the rumored iPhone 9. IWG Plc. WeWork rents office space from real estate companies, gives it a makeover with business-focused services, and subleases it to other companies and mobile workers at a profit. 2018 saw rent in Hong Kong’s Central district soaring 7.5%, which has made many law firms and finance companies to relocate to cheaper areas of the city. Including iterations of the Future Rider and Speedcat Lux. Privacy Policy. In a move sure to excite entrepreneurs and enterprises alike, WeWork celebrated the official opening of one of its flagship Asia locations by hosting a formal opening ceremony at Tower 535 in the heart of Causeway Bay, Hong Kong. The New York-based company gave up at least two floors in Hysan Place in Causeway Bay and six floors in Harbour City in Tsim Sha Tsui, about 182,000 square feet in the two prominent … WeWork has already locked in a participation lease with Daman Land in Malaysia and global supply chain manager Fung Group. WEWORK has not paid April rent for some US locations and is approaching landlords regarding rent abatements, revenue-sharing agreements and other lease amendments as it seeks to trim liabilities, according to people with knowledge of the matter. WeWork did not comment on the story, and sources said the talks may not lead to a formal deal. US co-working unicorn WeWork still has its foot on the gas in Hong Kong with local news sources saying the flexible space startup has just taken on six new floors in Wharf’s Harbour City complex near the Star Ferry terminal in Tsim Sha Tsui. Malaysia's Richest. Hot desk: HKD 6,200/mo ‍ Access: 24/7. Couple those new markets with the prediction that 40% of the workforce will be freelancers by 2020, WeWork could be sitting pretty over the next few years. The rent is as low as HK$1,000 per month for a one-year contract. WeWork is more than a co-working space, whose membership includes flexible creative spaces, participation in exclusive events, and global access. All 4 units *Rent is negotiable . WeWork - Taikoo, 21/F, 14 Taikoo Wan Road Taikoo Shing, Hong Kong. In Hong Kong, WeWork is up against leading developer Swire Properties’ blueprint, which announced it will be relocating to a 30,000 square foot (2,800 square metre) facility on the day before WeWork’s launch, as well as a number of smaller, independent co-working space operators. Elsewhere in tech, here’s everything we know about the rumored iPhone 9. WeWork Late on Rent Payments as COVID-19 Negatively Impacts Revenue: Hoping to find alternative arrangements with landlords. Contact Us. WeWork - LKF Tower: 33 Wyndham Street, Hong Kong, Central, Hong Kong. Private office: 8,990/mo. IWG Plc. Looking for a Lan Kwai Fong office space that will help your business thrive? Nestled amongst modern skyscrapers and historical buildings, WeWork Tower 535 is located in one of the most prestigious neighborhoods in Hong Kong. By Jeff Yeung. Finding Workspace in Causeway Bay Surrounded by world-class retail and dining destinations, our coworking space in Causeway Bay is the start of your next chapter. But after opening 9 and counting WeWork offices in Hong Kong, we had to include them in this list! [HONG KONG] Swire Properties Ltd. has signed an agreement with WeWork Cos. to lease four floors providing about 55,000 square feet in a commercial tower in Taikoo Shing, the first deal between the co-working space provider and a major listed Hong Kong developer. Learn more today. WeWork India CEO Karan Virwani made the announcement during an all-company meeting on Monday and through an email stating that there was an “immediate need to reduce costs.” Read more>> More Than 15,000 HK Shops May Close Without Rent Relief. Enhanced Cleaning Services In addition to WeWork’s normal cleaning routine, we are cleaning “high-touch” surfaces and “high-traffic” areas every two hours during … The building is under renovation at present. WeWork’s coworking spaces in Hong Kong are the ideal base for you and your business. From private offices and coworking spaces to corporate office buildouts, WeWork has a comprehensive range of office spaces for rent. Spaces Lee Garden 3 is a vibrant working environment in Hong Kong’s Lee Gardens, offering co-working spaces, private office space and meeting rooms for your business presentations. Currently, WeWork has 15 sites in Hong Kong, according to its website, which it sells as hot desks or flexible workspaces to local entrepreneurs and freelancers. (646) 389-3922 Saved. WeWork rented more than 100,000 square feet in Hong Kong’s Wan Chai and Causeway Bay areas last year. Timothy A. Clary/Getty Images. 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