Property News · July 7, 2017

Soho China aims for asset-light business model by further selling its properties


Soho China, one of China’s largest commercial property companies, is expanding its co-working space business, as part of the broader drive to transform its business model into one that is asset-light and reliant on rental income.
In a press briefing on Friday, chairman Pan Shiyi, revealed that he will raise the desk number under his co-working space brand – 3Q – to a considerable level, without giving an exact figure. Currently, 18 3Q centres in Beijing and Shanghai offer…

Source : South China Morning Post
Read more…Soho China aims for asset-light business model by further selling its properties

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