Co-working
JustCo targets S$100 million mainboard IPO to expand into existing and new markets
The GIC-backed company is set to be the second to list on the SGX mainboard this year
Workspace provider JustCo files preliminary prospectus for mainboard IPO
The group plans to open 28 centres in 2026, bringing its total to 78; it also intends to enter new markets
Revitalised Stamford Court to get new co-working space by The Great Room by H2 2026
It will be launched as a collaboration between the home-grown brand and Singapore-based asset management firm Elevate Capital
WeWork secures new tenants, fills more space at 21 Collyer Quay, Suntec City post-bankruptcy
The co-working operator is upbeat about its prospects in Singapore and globally
JustCo eyes expanding to 6 new markets in Asia, Middle East over next 2 to 3 years
Co-working operator also hopes to move towards a management contract model
Elevate Capital’s Ashish Manchharam sees opportunities in living sector, lifestyle spaces
He says that there is now demand for more flexibility in work spaces, which has boosted interest for fully fitted offices
Co-working operators seek closer ties with landlords as new flex space take-up falls to five-year low
The pace of expansion slows significantly post-pandemic, as operators take on a cautious stance
Distrii Singapore, which owes over S$2 million in rent to CDL, sues ex-CEO for breach of duty
The company claims Hu Yan siphoned funds over a period from as early as 2020
Johor Bahru’s co-working spaces thrive on Singapore’s nearshoring, cost-efficient solutions
Demand is expected to accelerate once more details on the JS-SEZ are released
Adam Neumann bids over US$500 million to buy back WeWork: source
ADAM Neumann has submitted a bid of more than US$500 million to buy back WeWork, the office-sharing company he co-founded and propelled to a US$47 billion valuation before it fell into bankruptcy, a p...