How do you keep costs down if you want to aggressively expand your business in the world’s most expensive office location?
US co-working space provider WeWork thinks it has the answer. It will try to persuade Hong Kong’s commercial landlords to enter into revenue-sharing arrangements as it takes up new locations.
If it is able to convince landlords to shift away from the conventional fixed-rent model, everyone stands to gain, according to Christian Lee, managing director of WeWork…
Source : South China Morning Post
Read more…WeWork aims to cut rental costs through revenue-sharing leases … but can it persuade Hong Kong’s landlords?















