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Singapore-listed property developer CapitaLand, together with joint venture partner Collective Works on Wednesday (8 June) opened its first premium coworking space in a Grade A office at Capital Tower, Collective Works Capital Tower.
The 22,000-sq ft coworking space occupies the entire 12th storey of the 52-storey building in Singapore’s central business district.
CapitaLand CEO, Wen Khai Meng, said coworking is in line with the group’s “office of the future” vision. “To date we are excited to welcome a number of high profile members to Collective Works Capital Tower including 500 Startups who will undoubtedly bring new buzz to the Capital Tower community,” he added.
Meanwhile, Collective Works founder Jonathan O’Byrne said: “Interest has been very strong and from a broad range of industries. We are in discussion with more than 60 companies looking to join Collective Works Capital Tower over the next few months.”
According to the press release, members in the new space include global venture capital firm 500 Startups, as well as marketing, computer programming and data analytics companies. “There is also strong interest from global financial, technology and law firms,” CapitaLand said.
The 50-50 joint venture between CapitaLand Singapore and Collective Works was formed in March earlier this year.
Nikki De Guzman, Editor at CommercialGuru, wrote this story. To contact her about this or other stories email nikki@propertyguru.com.sg
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