New research by The Instant Group shows that supply of flexible workspace in Hong Kong has increased by 6% year-on-year (2021 vs. 2020).
According to Colliers Asia, Hong Kong is witnessing an increase in mergers and acquisitions in the coworking sector as restrictions ease.
Leading property developer, Chinachem Group, and the Hive, a flexible workspace operator, welcome a new partnership in central Hong Kong.
The launch of the Hive’s 10th location in Hong Kong confirms the new coworking industry trend for 2021- management agreements between landlords and flex workspace operators.
Among all APAC markets in the study, cities in Japan and Australasia continue to dominate the list of most expensive office markets.