WeWork to open two Jakarta CBD locations by Q3

WEWORK will open two central Jakarta locations by the third quarter of this year, continuing the US-based co-working giant's ambitious expansion through Southeast Asia.

At Sinarmas MSIG Tower, it will take up three floors that will accommodate 800 members while at Revenue Tower, it will be occupying five floors for 1,400 members.

Both will be located in the Sudirman Central Business District, and its features such as community bars, breakout areas and phone booths will feature Indonesian inspired art and graphics.

Some who are signing on to WeWork's new spaces include HR software provider DataOn Corp, B2B-focused marketplace Bizzy and Southeast Asean focused venture capital fund Rekanext.

WeWork expanded into Southeast Asia in 2017 with a US$500 million effort earmarked for the region as well as South Korea by acquiring co-working startup Spacemob and its two spaces in Singapore as well as one Jakarta location, at Gama Tower.

It opened its first location in Singapore at WeWork Beach Centre in December 2017, and will open another by the end of Q2 with three other spots in the pipeline.

It also plans to advance into Bangkok, Kuala Lumpur and Manila by the end of 2018.

"With Indonesia the largest economy in Southeast Asia, we are incredibly excited to create our legacy here by building communities to inspire greater innovation, collaboration and productivity for creators to businesses of all sizes," said Turochas "T" Fuad, managing director for WeWork Southeast Asia. "Along with our aggressive growth and upcoming plans, WeWork is at the forefront of redefining conventional work environments in today's rapidly changing era and we will continue our commitment of creating greater value for the local business ecosystem."