{"id":112166,"date":"2019-11-06T14:45:01","date_gmt":"2019-11-06T07:45:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-is-said-to-consider-giving-up-some-of-the-office-floors-in-half-a-dozen-hong-kong-locations-as-it-pulls-back-its-operations\/"},"modified":"2019-11-06T15:03:31","modified_gmt":"2019-11-06T08:03:31","slug":"wework-is-said-to-consider-giving-up-some-of-the-office-floors-in-half-a-dozen-hong-kong-locations-as-it-pulls-back-its-operations","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-is-said-to-consider-giving-up-some-of-the-office-floors-in-half-a-dozen-hong-kong-locations-as-it-pulls-back-its-operations\/","title":{"rendered":"WeWork is said to consider giving up some of the office floors in half a dozen Hong Kong locations as it pulls back its operations"},"content":{"rendered":"


\nWeWork, the cash-strapped co-working company whose IPO failed, is weighing giving up office floors in at least half a dozen locations in Hong Kong, one of the world\u2019s most expensive property markets.New York-based WeWork is considering surrendering a portion of a recently signed lease in Wan Chai, near Hong Kong\u2019s central business district, according to people familiar with the matter. The firm leased four floors, or around 60,000 square feet, for nine years in the Hopewell Centre in August,\u2026
\n
\nSource : South China Morning Post
\nRead more…WeWork is said to consider giving up some of the office floors in half a dozen Hong Kong locations as it pulls back its operations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

WeWork, the cash-strapped co-working company whose IPO failed, is weighing giving up office floors 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-112166","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-tb8","jetpack-related-posts":[{"id":116295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-dumps-about-fifth-of-coworking-space-in-breach-of-leases-signed-with-major-hong-kong-landlords\/","url_meta":{"origin":112166,"position":0},"title":"WeWork dumps about fifth of coworking space, in breach of leases signed with major Hong Kong landlords","date":"May 13, 2020","format":false,"excerpt":"\r WeWork, the US real estate firm, is returning about 20 per cent of its Hong Kong premises to their owners, as start-ups, small enterprises and other short-term tenants failed to take up its offering of shared working space in the city.It has given up 182,000 sq ft in Causeway\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-could-be-the-beginning-of-the-end-for-wework-in-hong-kong-as-start-up-indefinitely-delays-opening-of-three-branches\/","url_meta":{"origin":112166,"position":1},"title":"Coronavirus could be the beginning of the end for WeWork in Hong Kong as start-up indefinitely delays opening of three branches","date":"March 18, 2020","format":false,"excerpt":"\r WeWork has indefinitely delayed the opening of at least three co-working spaces in Hong Kong that were planned for late last year. Now, market observers believe the coronavirus pandemic could force the company to retreat from the city as it takes a toll on an economy already in recession.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-finds-new-lease-of-life-in-hong-kong-as-global-uncertainty-drives-demand\/","url_meta":{"origin":112166,"position":2},"title":"WeWork finds new lease of life in Hong Kong as global uncertainty drives demand","date":"April 22, 2026","format":false,"excerpt":"\r Global flexible workspace operator WeWork is expanding in Hong Kong as companies scale back long-term office commitments, opening its fifth site in Causeway Bay to tap rising demand for short-term, flexible space amid economic and geopolitical uncertainty. The new location at Soundwill Plaza II Midtown, owned by Soundwill Holdings,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24501,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-co-working-office-provider-wework-to-open-in-hong-kongs-causeway-bay\/","url_meta":{"origin":112166,"position":3},"title":"US co-working office provider WeWork to open in Hong Kong\u2019s Causeway Bay","date":"August 31, 2016","format":false,"excerpt":"\r US based co-working office provider WeWork, which counts Legend Holdings among its financial backers, will launch its service in Hong Kong on Thursday to tap growing demand for flexible lease terms in the world\u2019s most expensive office market.\r \r Source : South China Morning Post\r Read more...US co-working office\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flexible-workspace-giant-iwg-takes-over-us-rival-weworks-abandoned-office-space-in-hysan-place-causeway-bay\/","url_meta":{"origin":112166,"position":4},"title":"Flexible workspace giant IWG takes over US rival WeWork\u2019s abandoned office space in Hysan Place, Causeway Bay","date":"June 5, 2020","format":false,"excerpt":"\r IWG, the world\u2019s 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-aims-to-cut-rental-costs-through-revenue-sharing-leases-but-can-it-persuade-hong-kongs-landlords\/","url_meta":{"origin":112166,"position":5},"title":"WeWork aims to cut rental costs through revenue-sharing leases \u2026 but can it persuade Hong Kong\u2019s landlords?","date":"December 18, 2018","format":false,"excerpt":"\r How do you keep costs down if you want to aggressively expand your business in the world\u2019s most expensive office location? US co-working space provider WeWork thinks it has the answer. It will try to persuade Hong Kong\u2019s commercial landlords to enter into revenue-sharing arrangements as it takes up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112166"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=112166"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112166\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}