ex. Game, Music, Video, Photography

US coworking space to set up shop in HCMC

WeWork, the third largest startup in the U.S., and the sixth largest in the world, is set to open a new office in HCMC late this year.

Ngày đăng: 13 tháng 9, 2021
Cập nhật: 26 tháng 12, 2022
Lượt xem: 307176568
Nguồn: vnexpress

In its latest report on the co-working space market in Vietnam, real estate firm Jones Lang LaSalle (JLL) said WeWork is looking to open an office on Doan Van Bo Street in District 4.

The company recently did market research and customer surveys, JLL said.

The office, to open in December, will be the largest co-working space in Vietnam at 5,000 square meters.

JLL said the entry of global real estate startups is a positive sign.

WeWork, valued at $20 billion last year, was one of the largest startups in the U.S., behind only Uber and Airbnb, and the sixth largest in the world. Founded in 2010 it has 250,000 employees.

It had acquired Chinese coworking space firm Naked Hub for $400 million last April, expanding its reach into the Asian market.

WeWork reported a rise in losses in the first half of this year to $723 million from $154 million a year earlier, according to Reuters.

But JLL estimates it would continue to expand.

It said in its report: “We think Wework is likely to have a presence in most of the six Southeast Asia cities within the next 12 months. In addition, the company is likely to grow in terms of number of locations within each city as well.”

Vietnam has seen the coworking space market expand in recent years.

Major local operators like Toong, UP, Circo and Dreamplex are all expanding at an accelerated rate, and the number of smaller operators with just one venue is also increasing.

The Hive, a coworking space maker from Hong Kong, is planning to open a new facility by the end of this year in Ho Chi Minh City. The company already has one office on Xuan Thuy road in District 2 in the same city.

Real estate consultancy CBRE said the number of coworking offices in the country has grown by an average of 55 percent in the last five years.

Most operators reported a very healthy 75-80 percent average occupancy rate as of last April.


Từ vựng liên quan

Tin tức liên quan

Vinasun
business 10/09/2021

Vinasun's shares plummet to lowest level in a decade

companies | 279186579

Taxi firm Vinasun lost 6.86 percent on Thursday to fall to VND9,780 ($0.42), its lowest level in a decade.

 A breathtaking hillside glimpse of Da Lat
travel 24/03/2021

A breathtaking hillside glimpse of Da Lat

places | 79356643

Whether at dawn or dusk, the Central Highlands town of Da Lat appears resplendent from the terrace of Cheo Veooo Cafe.

VietJet set to launch $200 million IPO next month
business 11/09/2021

VietJet set to launch $200 million IPO next month

business | 295936577

Investors will be hoping the airline's shares take off - despite possible delays.

  Property market difficulties set to linger
business 05/11/2022

Property market difficulties set to linger

industries | 428696555

Challenges in the property market will likely persist as supply fails to match demand and credit policies remain tight, Minister of Construction Nguyen Thanh Nghi said Thursday.

Japanese giant seeks control over Vietnam
business 22/09/2021

Japanese giant seeks control over Vietnam's leading pharma firm

companies | 334246570

Japan’s Taisho wants control of the DHG Pharmaceutical Company by raising its stake to 56.69 percent from 35 percent.

 Invest in North Korea: money pit or golden opportunity?
world 22/03/2021

Invest in North Korea: money pit or golden opportunity?

world | 43206624

The North has huge potential thanks to mineral wealth, cheap labour, and a helpful geographical location.

Crowded festival season fuels coronavirus anxiety
life 11/09/2021

Crowded festival season fuels coronavirus anxiety

culture | 291006585

A buffalo-fight and poetry events have all been cancelled amid fears Vietnam’s  festival-packed lunar January may increase coronavirus infection.

 Vietnamese player wins gold in Asian youth chess tournament
sports 26/10/2021

Vietnamese player wins gold in Asian youth chess tournament

sports | 348836575

Nguyen Linh Dan has won the gold medal in the U14 event at the 2021 Asian Youth Online Chess Championship.

Mekong dying: China wants more than just electricity from dams
news 15/09/2021

Mekong dying: China wants more than just electricity from dams

news | 315906556

For China, upstream Mekong River dams are more than electricity generators; they can deal with water shortages and are a political pressure tool.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…