Kailong, a Shanghai-based real estate investment management company backed by US private equity fund Warburg Pincus, is planning to include a co-working element at all eight of its commercial properties in Hong Kong to boost returns.
The strategy shift comes in the wake of a growing demand for such spaces, after a successful experience in the city by other companies, such as New York-based WeWork.
Multi-function co-working space being created in Kowloon
“We will upgrade buildings to fit…
Source : South China Morning Post
Read more…Warburg Pincus-backed Shanghai real estate firm eyes slice of co-working market as demand rises in Hong Kong
