- SEARCH SPACE
- SERVICED OFFICE
- COWORKING SPACE
The Hong Kong office leasing market is evolving. How a city like Hong Kong, which has a strong traditional office culture, is aggressively leaning towards serviced office with flexible lease provided by The Executive Centre, WeWork, Regus and other operators?
Serviced Offices (also called Co-working Space or Business Center) have been on the rise in Hong Kong for the past 5 years. Of course, the concept of sharing an office floor with different tenants has been existing for a long time. We all know The Executive Center, Regus and Compass Office in Hong Kong who are key players for companies who wish to have a corporate image. However, there was no solution available on the market for SMEs and startups looking at being flexible and saving money on their rent.
At one point in my career, I was heading the sales team for one of the first co-working space operator established in Hong Kong. Our client base were startups and SMEs. In 2015, we were the biggest player in Hong Kong with 50,000 sq.ft divided into 4 locations.
We were offering flexibility, incredible working environment, a great pool of community managers, premium services and a (very) attractive pricing. I always thought this would be the future of workplace.