WeWork to Open New Co-working Sites in Singapore and Manila
Office-sharing startup WeWork will open new locations in Singapore and the Philippines this year, Reuters reported.
The New York-based startup will open two new offices for co-working in Singapore and two in Manila. It made the announcements on Wednesday and Thursday.
According to The Straits Times, WeWork's latest addition is located at MYP Centre in Battery Road in the heart of the CBD and is the firm's first Singapore location to feature a mini-golf play zone.
The two upcoming offices will be situated outside the CBD at UE Square in Clemenceau Avenue and at NTUC Income Prinsep House in Prinsep Street.
WeWork said the upcoming locations outside the CBD follow the success of its current space at ARC 380 in Jalan Besar, which has demonstrated "strong demand for such neighbourhoods".
In a statement received by The Straits Times, WeWork said, "With Singapore as a key hub in South-east Asia that has gained optimal performance, the addition of these three new locations in (the) core CBD and beyond adds to (WeWork's) portfolio of vibrant, strategically located collaborative spaces in Singapore that offer enterprises and businesses an integrated environment which blends community, design, culture and technology."
WeWork expanded into South-east Asia through the acquisition of Singapore-based co-working start-up Spacemob, which was part of its US$500 million (S$689 million) investment in South-east Asia and South Korea at that time.
WeWork currently has 25 locations across its South-east Asian markets, which include Indonesia, Thailand and Vietnam, with 12 of them in Singapore.