Co-working driver The Work Project will open a 50,000 sq ft co-working room at 6 Battery Road in October this year. The opening of the brand-new co-working room will coincide with the conclusion of property improvement works currently undergoing at the structure.
“This [management agreement] partnership will not just enable the building owner to provide integrated remedies to their renters, yet also enhance the breadth of services available in the structure. This will give the building a side on the competitors and drive greater returns,” states Noleen Goh, worldwide head of real estate at The Work Project.
Goh includes that this sort of management arrangement partnership in between co-working drivers and proprietors will certainly “transform the landscape for the business market”. She expects to see even more of such collaborations happening in the neighborhood co-working market and also around the Asia Pacific region.
The brand-new co-working space will be developed in partnership with layout firm Matthew Shang Design Office (MSDO). “We attracted motivation from the trading and mercantile history of the river, in addition to the building frontage with its products and also kind, to bring about a work area which is intriguing, fascinating, as well as involves with its surroundings,” states Matthew Shang, innovative director of MSDO.
The Work Project informs EdgeProp Singapore that it will run the space under a management agreement and also the brand-new co-working location will certainly inhabit the 3rd, sixth as well as 7th floors. The third flooring will certainly feature the main service center with board areas, meeting rooms, function area areas, co-working offices and desks; while the leading two floorings will certainly be committed to workplace collections.
When finished, this brand-new co-working space will certainly be The Work Project’s 10th co-working space, and also it comes soon after the driver added CapitaSpring in Singapore as well as Quay Quarter Tower in Sydney into its portfolio earlier this year.