Singapore co-working players face slower growth; landlords wary after WeWork bankruptcy

THE collapse of co-working giant WeWork in the United States has caused some jitters in Singapore, where co-working operators are already experiencing significantly slower growth in a crowded market.

But some players are optimistic that demand for flexible work space is intact, and are even eyeing WeWork’s spaces here for expansion.

A WeWork Singapore spokesperson told The Business Times that there are no plans to downsize or shutter any of its 14 locations here for now, “even as we are in a real estate rationalisation exercise globally”.