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. Peterson Group, which owns the LKF Tower, said space used for Hotel LKF By Rhombus would be redeveloped for commercial use. Try adjusting your filters or browse all solutions below. 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. There is a seating and/or dining area in some units. 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 … WeWork's response to COVID-19 Created with Sketch. Serviced Offices / Business Centres by Wework in HONG KONG(p.1) WeWork is a global network of workspaces where companies grow together. 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. We’re providing our locations with new materials and equipment so our community can keep spaces healthy and clean. The new … All units include a microwave and refrigerator. “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.”. The city boasts the most economic freedom of any metropolis in the world, and is a fruitful playground for ventures of all kinds. WeWork’s coworking spaces in Hong Kong are the ideal base for you and your business. Nearby transit. All 4 units *Rent is negotiable . 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. WeWork is currently in seven locations in Hong Kong, and it is planning to open two more this year. Amenities: Daily cleaning; IT support The three-feet-tall (0.9 metres) vacuum was initially only offered for rent in Japan and Hong Kong. We’ve installed strategically placed signage as friendly reminders on how and when to professional distance and practice cleanly habits. WeWork - Wanchai, 10/F, YF Life Tower, 33 Lockhart Road Wanchai, Hong Kong. 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. The rent is as low as HK$1,000 per month for a one-year contract. 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. 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. According to a new report from Bloomberg, the co-working giant’s revenue has been suffering from the ongoing coronavirus pandemic, which has now forced it to forego paying its rent at some of its locations. (Bloomberg) -- WeWork Cos., the co-working space company that’s among the world’s most valuable startups, is in advanced talks to rent a building in 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. WeWork already operates two facilities in Hong Kong. We’re maximizing outside air use, extending the HVAC schedules when possible, and partnering with landlords to follow CDC and ASHRAE air quality guidelines. WeWork already operates two facilities in Hong Kong. HKG-SE-P-26 . It is expected rent will be fixed at HK$60 per square foot per month. Why WeWork Is Your … WeWork believes the unique location in Lan Kwai Fong will match the needs and preferences of young tenants. 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. WeWork’s high-risk strategy has allowed the company to grow rapidly during the current economic expansion. WeWork - LKF Tower: 33 Wyndham Street, Hong Kong, Central, Hong Kong. Timothy A. Clary/Getty Images. 'Cleaning efficiency' The machine sends an alert if there is an issue, such as bumping into a wall. WeWork rented more than 100,000 square feet in Hong Kong’s Wan Chai and Causeway Bay areas last year. 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. From luxury boutiques to mom and pop stores, Hong Kong’s retailers are hurting. 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. 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. 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. Property details; Location; Contact Us. Free WiFi is provided throughout the property. (OTC: IWGFF), formerly known as Regus, a flexible workspace firm has taken over rival WeWork’s Hong Kong office space in an expansion drive. It is the world's 4th most densely populated sovereign state with a … We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. Swire Properties Ltd. has signed an agreement with WeWork Cos. to lease four floors providing about 54,000 square feet in a commercial tower … 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. Home; Locations; Workspace; Enterprise; Ideas; Saved; Have questions or need help? 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 Hong Kong, WeWork has signed a few long-term leases with Hysan Development. (OTC: IWGFF), formerly known as Regus, a flexible workspace firm has taken over rival WeWork's Hong Kong office space in an expansion drive. Asking rent from $3,800.00/seat/month . 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. Contact Us. Featuring a sun shelter, camping chair, portable cot, and packable table. Finding Lan Kwai Fong Office Space. WeWork Late on Rent Payments as COVID-19 Negatively Impacts Revenue: Hoping to find alternative arrangements with landlords. Private office: 8,990/mo. The rent was not disclosed, but Swire said WeWork will pay market rate. WeWork Late on Rent Payments as COVID-19 Negatively Impacts Revenue Hoping to find alternative arrangements with landlords. Situated in Hong Kong, Two MacDonnell Road is 500 metres from Lan Kwai Fong. Looking for a Lan Kwai Fong office space that will help your business thrive? 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. WeWork had agreed to lease the multi-floor location in Central’s H Code building on Pottinger Street near Lyndhurst Terrace for HK$55 ($7.10) per square foot per month in May of last year, according to local media accounts at the time, making the total rental cost around HK$5.5 million per month. MTR Central Station. Kehlani, Kari Faux, Vince Staples, and more pay tribute to the A$AP Yams mentee. Contact Us. Translated "Hong Kong" literally means "Fragrant Harbor" or "Incense Harbor" and is located south of China's mainland and east of the Pearl River Estuary. Hong Kong Shared Office Space. Situated in the knowledge hub of Hong Kong, neighboring the Google, Alibaba, Facebook, Apple, and Manulife offices; Supporting facilities include partnership access to over 20 restaurants, 4 gyms, numerous hotels and lifestyle services to maximize your experience Including iterations of the Future Rider and Speedcat Lux. For companies of all sizes, … Join us for live and on-demand webinars that cover a wide range of workplace trends and insights. 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. Search properties for rent in Hong Kong. By adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse. The gross floor area leased is approximately 85,000 square feet of office space. Find the space that's right for you. Four floors in the ultra-modern high-rise are dedicated to WeWork, featuring beautiful lounges, well-connected conference rooms, and sleek private offices. 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. 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. Privacy Policy. WeWork, headquartered in New York, has been giving up its spaces in Hong Kong, and presently has eight locations. This location offers members beautifully designed work spaces and world class services, along with a breathtaking view of Victoria Harbor. Workspace solutions. 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. It is known that WeWork has wanted to expand services in Hong Kong. WeWork’s coworking spaces in Hong Kong are the ideal base for you and your business. Amenities: Daily cleaning; IT support 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. Hong Kong and Mainland China are worlds apart in both culture and lifestyle. 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 . Instead, it is now hoping to come to an agreement with various landlords regarding alternative options, such as revenue sharing, rent abatements, or other amendments to its leases to reduce its liabilities. 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. Co-working operators usually opt for an asset-light model where they share revenues with the landlords. 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. ... Hong Kong's richest family loses US$8b in … WeWork did not comment on the story, and … WeWork's rapid expansion in Hong Kong has seen it acquire about 1 million sq ft of office space, translating into about 1 per cent of Hong Kong's leasing market, while the co-working industry as a whole in the city accounts for 3 per cent. At this convenient address, discover floors of co-working and private offices that cater to needs you didn't even know you had. From private offices and coworking spaces to corporate office buildouts, WeWork has a comprehensive range of office spaces for rent. (OTC: IWGFF), formerly known as Regus, a flexible workspace firm has taken over rival WeWork’s Hong Kong office space in an expansion drive. It also has two locations in Hong Kong. We’ve adjusted seat spacing in shared areas and workstations so you can continue day-to-day operations, while maintaining a healthy physical distance. Hong Kong's Richest. In response to COVID-19, we are enhancing our health and safety standards for your clients’ peace of mind. 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. IWG Plc. 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 … 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. IWG Plc. Asking rent from $3,800.00/seat/month . New York-based WeWork has missed some of its rent payments for the month of April. Gain access to open workspace across hundreds of WeWork buildings worldwide. All 4 units *Rent is negotiable . Co-working operators usually opt for an asset-light model where they share revenues with the landlords. Revenue increased from $886 million in … At WeWork, which is an international coworking space operator, you need to pay 5,800 Hong Kong dollars for a hot desk in Lee Garden One (33 Hysan Avenue). But after opening 9 and counting WeWork offices in Hong Kong, we had to include them in this list! In Hong Kong, WeWork has signed a few long-term leases with Hysan Development. Hot desk: HKD 6,200/mo ‍ Access: 24/7. Simmons pays $1,100 a month for two desks at a location in Harlem, and after WeWork rejected her request for a rent freeze, she canceled her membership. Tech Apr 9, 2020. In addition to our hallmark amenities like front desk service, private offices, and unique … From spaces that prioritize your health and safety to unmatched flexibility, WeWork is reimagining the workplace to give you the confidence to move forward through COVID-19 and beyond. “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. WeWork is more than a co-working space, whose membership includes flexible creative spaces, participation in exclusive events, and global access. 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. Private office: 8,990/mo. Hong Kong Park is 600 metres away. 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. 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. 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. IWG Plc. The building is under renovation at present. A dedicated desk will cost you 5,800 Hong Kong dollars. (OTC: IWGFF), formerly known as Regus, a flexible workspace firm has taken over rival WeWork’s Hong Kong office space in an expansion drive. 33 Wyndham Street Hong Kong. The South Korean film took home four Oscars. Learn more today. A private office will set you back 6,500 Hong Kong dollars per person and month. 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