Property News · April 24, 2019

China’s co-working offices poised for a boom, offering unicorns the freedom to expand and contract with changing businesses


Commercial landlords in business parks and the operators of co-working offices are likely to see a surge in occupancy rates in mainland China, as a 41-fold jump in the number of unicorns raises the demand for flexible workspace that can contract and expand with rapidly changing business operations.Three of every four unicorns, or start-up companies valued at more than US$1 billion, are considering expansion either in their existing markets, or exploring new markets, said Cushman & Wakefield in…

Source : South China Morning Post
Read more…China’s co-working offices poised for a boom, offering unicorns the freedom to expand and contract with changing businesses

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