{"id":106353,"date":"2019-04-23T07:00:18","date_gmt":"2019-04-23T00:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-executive-centre-finds-a-market-with-in-house-baristas-plush-sofas-in-the-luxury-niche-of-hong-kongs-co-working-space\/"},"modified":"2019-04-23T09:05:05","modified_gmt":"2019-04-23T02:05:05","slug":"the-executive-centre-finds-a-market-with-in-house-baristas-plush-sofas-in-the-luxury-niche-of-hong-kongs-co-working-space","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-executive-centre-finds-a-market-with-in-house-baristas-plush-sofas-in-the-luxury-niche-of-hong-kongs-co-working-space\/","title":{"rendered":"The Executive Centre finds a market with in-house baristas, plush sofas in the luxury niche of Hong Kong\u2019s co-working space"},"content":{"rendered":"


\nOffice space operator The Executive Centre (TEC) believes that it has found a market in the luxury niche of Hong Kong\u2019s growing number of co-working space operators, as a strategy to survive the overcrowded market. \u201cI think of [the co-working sector] as the economy class of a flight,\u201d said TEC\u2019s chairman and chief executive Paul Salnikow. \u201cWe create locations across Asia where multinationals can settle in.\u201d Multinational firms (MNCs), which make up 76 per cent of clients, stay with TEC for 36\u2026
\n
\nSource : South China Morning Post
\nRead more…The Executive Centre finds a market with in-house baristas, plush sofas in the luxury niche of Hong Kong\u2019s co-working space<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Office space operator The Executive Centre (TEC) believes that it has found a market in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106353","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rFn","jetpack-related-posts":[{"id":110671,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-spook-owners-of-co-working-space-operator-the-executive-centre-who-drop-planned-us750-million-sale\/","url_meta":{"origin":106353,"position":0},"title":"Hong Kong protests spook owners of co-working space operator The Executive Centre, who drop planned US$750 million sale","date":"September 11, 2019","format":false,"excerpt":"\r The boss of shared office-space operator The Executive Centre (TEC) said the decision to place on hold a planned sale of its shares for US$750-million was \u201csensible\u201d given the uncertainty gripping Hong Kong amid unprecedented social unrest.\r\r\u201cPlacing a pause on the shareholder sales process is a sensible reaction to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-investment-bank-macquarie-surrenders-office-space-in-one-ifc-one-of-hong-kongs-most-prestigious-addresses\/","url_meta":{"origin":106353,"position":1},"title":"Australian investment bank Macquarie surrenders office space in One IFC, one of Hong Kong\u2019s most prestigious addresses","date":"June 3, 2020","format":false,"excerpt":"\r Australian investment bank Macquarie Group is giving up a major portion of space it leases at One IFC, one of the most expensive office buildings in Hong Kong, as finance firms rethink their office needs in the city and look to save costs in an uncertain economy.Macquarie will surrender\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-to-occupy-over-40000-sq-ft-at-hong-kongs-capitol-centre-in-2026\/","url_meta":{"origin":106353,"position":2},"title":"HSBC to occupy over 40,000 sq ft at Hong Kong\u2019s Capitol Centre in 2026","date":"December 5, 2025","format":false,"excerpt":"\r HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong Kong\u2019s largest bank joins a growing list of finance and banking firms snapping up commercial space in the city. The London-headquartered lender signed a five-year lease, which starts May\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tung-chee-hwa-ex-hong-kong-chief-executive-becomes-first-time-homeowner-at-84-with-purchase-of-us20-6-million-luxury-home\/","url_meta":{"origin":106353,"position":3},"title":"Tung Chee-hwa, ex-Hong Kong chief executive, becomes first-time homeowner at 84 with purchase of US$20.6 million luxury home","date":"September 14, 2021","format":false,"excerpt":"\r Tung Chee-hwa, Hong Kong\u2019s first postcolonial chief executive from 1997 to 2005, bought a luxury home at Grenville House in Hong Kong\u2019s posh Mid-Levels district for HK$160 million (US$20.6 million) last month, according to Land Registry records.Tung bought the unit in his own name, paying a stamp duty of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-companies-are-showing-signs-of-returning-to-hong-kongs-offices-and-executive-apartments-boding-well-for-citys-real-estate\/","url_meta":{"origin":106353,"position":4},"title":"Chinese companies are showing signs of returning to Hong Kong\u2019s offices and executive apartments, boding well for city\u2019s real estate","date":"September 15, 2020","format":false,"excerpt":"\r Mainland China\u2019s companies and business executives, the vital lifeblood in sustaining Hong Kong\u2019s commercial and luxury residential real estate, are showing tentative signs of returning to the city, drawn by a spate of stock listings that require them to set up offices locally, analysts said.The Chinachem Group, which owns\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-costs-more-than-an-apartment-in-hong-kongs-city-centre-a-car-parking-space\/","url_meta":{"origin":106353,"position":5},"title":"What costs more than an apartment in Hong Kong\u2019s city centre? A car parking space","date":"April 17, 2018","format":false,"excerpt":"\r A lot of people are proud of their cars, buffing them to a metallic shine on a Sunday afternoon or having the inside professionally cleaned. 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