Property News · June 5, 2020

Flexible workspace giant IWG takes over US rival WeWork’s abandoned office space in Hysan Place, Causeway Bay


IWG, the world’s largest operator of serviced offices, is to take over the space left behind by rival WeWork at Hysan Place in Causeway Bay, where rents have fallen more than 6 per cent recently.The 32,000 square feet of co-working space on the 31st and 32nd floors of the tower, owned by one of the city’s biggest landlords, Hysan Development, was abandoned by WeWork in April.The American flexible workspace giant has vacated a fifth of its Hong Kong premises recently. The uncertain economic…

Source : South China Morning Post
Read more…Flexible workspace giant IWG takes over US rival WeWork’s abandoned office space in Hysan Place, Causeway Bay

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