{"id":112732,"date":"2019-11-29T15:03:38","date_gmt":"2019-11-29T08:03:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-co-working-operator-kr-space-gives-up-times-square-facility-retreats-from-hong-kong\/"},"modified":"2019-11-29T16:03:14","modified_gmt":"2019-11-29T09:03:14","slug":"chinese-co-working-operator-kr-space-gives-up-times-square-facility-retreats-from-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-co-working-operator-kr-space-gives-up-times-square-facility-retreats-from-hong-kong\/","title":{"rendered":"Chinese co-working operator Kr Space gives up Times Square facility, retreats from Hong Kong"},"content":{"rendered":"<p>&#013;<br \/>\nKr Space is shutting down its last co-working facility in Hong Kong, ending its ill-fated expansion in the city.The Chinese company, a spin-off of technology platform 36kr.com, confirmed that it had decided to close its 34,000 square feet flexible office centre spread over two floors in Times Square, in the protest-hit district of Causeway Bay, just over a half a year after opening in April.\u201cDespite our efforts, Causeway Bay centre\u2019s business did not meet our targets of freeing up cash flow and\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3039934\/chinese-co-working-operator-kr-space-gives-times-square-facility\" target=\"_blank\">Chinese co-working operator Kr Space gives up Times Square facility, retreats from Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Kr Space is shutting down its last co-working facility in Hong Kong, ending its ill-fated&#46;&#46;&#46;<\/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-112732","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-tkg","jetpack-related-posts":[{"id":88988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-co-working-space-operator-kr-space-moves-into-hong-kong\/","url_meta":{"origin":112732,"position":0},"title":"Chinese co-working space operator Kr Space moves into Hong Kong","date":"May 22, 2018","format":false,"excerpt":"\r Kr Space, one of China\u2019s biggest co-working space operators, is entering the Hong Kong market as it takes the first step in its overseas expansion. The Beijing-based company, a spin-off of technology platform 36Kr.com, has rented seven floors \u2013 between the 11th and 19th \u2013 of the\u00a0One Hennessy building\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107685,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exit-kr-space-enter-ceo-suite-indonesian-co-working-space-operator-swoops-in-to-take-space-vacated-by-troubled-chinese-rival\/","url_meta":{"origin":112732,"position":1},"title":"Exit Kr Space, enter CEO Suite; Indonesian co-working space operator swoops in to take space vacated by troubled Chinese rival","date":"June 1, 2019","format":false,"excerpt":"\r Indonesian co-working space operator CEO Suite has taken up the slot left vacant by its troubled Chinese rival Kr Space in Hong Kong, wading into a fiercely competitive sector that already boasts the world\u2019s most expensive office address.In a sign of just how heated the market is, the Jakarta-based\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-sues-co-working-operator-kr-space-for-failing-to-execute-one-hennessy-lease\/","url_meta":{"origin":112732,"position":2},"title":"Hong Kong developer Chinachem sues co-working operator Kr Space for failing to execute One Hennessy lease","date":"April 10, 2019","format":false,"excerpt":"\r Chinachem Group, the chemical producer-turned-property developer, has slapped a law suit on one of China\u2019s biggest co-working space operators for reneging on a contract, according to a writ filed with the Hong Kong High Court.The Hong Kong developer has sued Kr Space, a spin-off of technology platform 36kr.com, claiming\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bay-set-to-become-the-heart-of-co-working-space-in-hong-kong\/","url_meta":{"origin":112732,"position":3},"title":"Causeway Bay set to become the heart of co-working space in Hong Kong","date":"December 13, 2017","format":false,"excerpt":"\r Causeway Bay is set to become the heart of co-working space in the city once Campfire Collaborative Spaces opens its 38,820 square feet of space in V Point office tower which will open in July next year. Hong Kong-based Campfire has taken up nine floors in the grade A\u2026","rel":"","context":"In &quot;Property News&quot;","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":112732,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dji-to-shut-its-causeway-bay-flagship-store-as-hong-kong-tightens-rules-for-flying-recreational-aerial-drones\/","url_meta":{"origin":112732,"position":5},"title":"DJI to shut its Causeway Bay flagship store as Hong Kong tightens rules for flying recreational aerial drones","date":"August 11, 2021","format":false,"excerpt":"\r The world\u2019s largest maker of recreational aerial drones is shutting the DJI flagship retail store in Hong Kong, weeks after city authorities tightened regulations for pilots to qualify them to fly the gadgets.DJI\u2019s three-storey store at Tower 535 in Causeway Bay, measuring 10,000 square feet (929 square metres), will\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112732"}],"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=112732"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112732\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}