{"id":121324,"date":"2021-08-09T18:30:15","date_gmt":"2021-08-09T11:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-development-iwg-form-flexible-office-joint-venture-as-hong-kong-landlord-eyes-greater-bay-area-market\/"},"modified":"2021-08-09T19:06:49","modified_gmt":"2021-08-09T12:06:49","slug":"hysan-development-iwg-form-flexible-office-joint-venture-as-hong-kong-landlord-eyes-greater-bay-area-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-development-iwg-form-flexible-office-joint-venture-as-hong-kong-landlord-eyes-greater-bay-area-market\/","title":{"rendered":"Hysan Development, IWG form flexible office joint venture as Hong Kong landlord eyes Greater Bay Area market"},"content":{"rendered":"


\nHysan Development is expanding into the shared-office market in the Greater Bay Area through a joint venture with IWG, the world\u2019s largest flexible workspace operator, as it seeks to cash in on the growing trend of remote working arrangements by companies who are looking to contain costs.The joint venture will acquire and operate IWG\u2019s 32 existing locations and brands across the Greater Bay Area, Hysan said on Monday, without disclosing its investment in the venture.Sixteen of these shared\u2026
\n
\nSource : South China Morning Post
\nRead more…Hysan Development, IWG form flexible office joint venture as Hong Kong landlord eyes Greater Bay Area market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hysan Development is expanding into the shared-office market in the Greater Bay Area through a...<\/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-121324","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-vyQ","jetpack-related-posts":[{"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":121324,"position":0},"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":121382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-will-rise-thanks-to-economic-recovery-from-covid-19-government-consumption-vouchers-scheme-says-hysan-development\/","url_meta":{"origin":121324,"position":1},"title":"Hong Kong retail rents will rise thanks to economic recovery from Covid-19, government consumption vouchers scheme, says Hysan Development","date":"August 11, 2021","format":false,"excerpt":"\r Hysan Development, the largest commercial landlord in Causeway Bay, expects retail rents to rise thanks to Hong Kong\u2019s economic recovery and the consumption vouchers handed out by the government.Sales and footfall in shopping centres have increased with the government\u2019s distribution of HK$5,000 (US$642.56) consumption vouchers to each Hongkonger this\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-eyes-more-hong-kong-residential-projects-amid-subdued-retail-sector\/","url_meta":{"origin":121324,"position":2},"title":"Hysan eyes more Hong Kong residential projects amid subdued retail sector","date":"February 3, 2017","format":false,"excerpt":"\r Hysan Development, one of the largest landlords in the shopping district of Causeway Bay in Hong Kong, will continue looking for opportunities to raise its stake in the residential market, the company\u2019s management said on Friday. The owner of several major shopping malls last year made its first residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-development-the-biggest-landlord-in-causeway-bay-feels-the-brunt-of-protests-expects-july-sales-drop-in-early-teens\/","url_meta":{"origin":121324,"position":3},"title":"Hysan Development, the biggest landlord in Causeway Bay, feels the brunt of protests, expects July sales drop in \u2018early teens\u2019","date":"August 13, 2019","format":false,"excerpt":"\r Hysan Development, the biggest landlord in Hong Kong\u2019s shopping district Causeway Bay, said that overall sales at its shopping centres is likely to have fallen by at least 10 per cent in July, as the regular extradition bill protests in the area kept shoppers away.\u201cFor July ... I believe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104253,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-development-set-to-profit-as-mega-bridge-high-speed-rail-link-breathe-life-back-into-hong-kongs-embattled-retail-sector\/","url_meta":{"origin":121324,"position":4},"title":"Hysan Development set to profit as mega bridge, high-speed rail link breathe life back into Hong Kong\u2019s embattled retail sector","date":"February 22, 2019","format":false,"excerpt":"\r Hysan Development, one of the biggest landlords in Hong\u2019s Kong\u2019s famous shopping district of Causeway Bay, is poised to benefit as an influx of shoppers using the new Hong Kong-Zhuhai-Macau Bridge and high-speed rail link is set to rejuvenate the city\u2019s beleaguered retail market.\r\rMarket observers have seen a 20\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-profit-rises-4-2-per-cent-on-strong-office-demand\/","url_meta":{"origin":121324,"position":5},"title":"Hysan profit rises 4.2 per cent on strong office demand","date":"August 4, 2017","format":false,"excerpt":"\r Hysan Development, the largest commercial landlord in Hong Kong\u2019s Causeway Bay, reported a 4.2 per cent increase in underlying profit in the first half of the year. Underlying profit \u2013 which excludes revaluation gains on investment properties \u2013 came to HK$1.227 billion (US$160 million), or HK$1.17 per share, for\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\/121324"}],"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=121324"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121324\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}