\n Riding the wave of changing market dynamics, JustCo will manage the real estate space at Asia Green Singapore amidst heightened confidence amongst landlords towards outsourcing the management of flexible real estate spaces <\/p>\n
SINGAPORE –\u00a0Media OutReach<\/a>\u00a0– 6 April 2021 –\u00a0<\/b>JustCo<\/a>, one of
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Spanning across approximately 30,000 square feet, the JustCo-managed space at
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Tenants at
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“JustCo’s expertise in workspace technologies and community management
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Shorter business cycles and greater uncertainty in an age of increased
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In the thick of the COVID-19 pandemic in 2020, JustCo welcomed large corporations into its
\nthe Asia Pacific’s fastest growing workspace experience providers today, signed
\na landmark agreement with T-Grande Property Holding Pte. Ltd. The agreement is
\nin line with the company’s asset-light strategy and will see it manage the real
\nestate space at Asia Green<\/a> in Tampines, Singapore from the third quarter
\nof 2021. <\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/139042\/justco.jpg#image-139042\")
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\n“With
\n30% of global office inventory projected to become flexible by 2030,
\ncorporations are looking to landlords to offer more than just an empty office
\nspace,” said Kong Wan Sing, Founder and CEO of JustCo. “The signing is in tandem with our
\ninclination towards an asset-light management model and reflects a paradigm
\nshift in how landlords are retailing their real estate spaces in view of
\ncustomer demands for versatile and flexible workspace solutions.”<\/p>\n
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\ndesigned to optimise the sharing of spaces, assets and amenities within the
\nbuilding by its occupiers, who will form members of the building’s community. <\/p>\n
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\naccess to increased opportunities to collaborate and network. Located at
\nTampines, JustCo at
\nalso serve as an ideal location for workforce decentralization plans, made
\npossible with hot desk<\/a> solutions<\/a> and private
\noffice suites<\/a>.\u00a0 <\/p>\n
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\nis complementary to Asia Green’s rollout of its Core + Flex leasing strategy,
\nwhich provides its MNC tenant base the opportunity to scale up their workspace
\nrequirements on demand. We are excited to onboard JustCo as part of the overall asset enhancement
\ninitiative at Asia Green to create a truly occupier-focused energy-efficient
\nGreen Mark Platinum Grade A building in the Tampines Regional Centre,” says
\nspokesperson Leslie Lim, Managing Partner of Evia Real Estate, Asset Manager of
\nAsia Green. <\/p>\n
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\ncompetition has propelled the demand for flexible workspace solutions such as hot desking and private
\noffice solutions in Singapore. As large enterprises shift towards a more
\neconomical option, traditional landlords are tapping on the changing market
\ndynamics to maximise their flexibility and scalability. This can be achieved
\nthrough a management contract approach, to <\/u>best
\nleverage the benefits of what operators like JustCo can offer.<\/p>\n
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\ncommunity, such as Tencent-backed Riot Games, cosmetic giant L’Oreal, and
\nKasikorn Line backed by Kasikorn Bank.
\n and large corporations alike can enjoy the benefits of flexible workspaces,
\n from a virtual office to a private office suite. <\/sdt><\/p>\n
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