{"id":15233,"date":"2021-06-03T04:15:00","date_gmt":"2021-06-03T04:15:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/06\/03\/justco-signs-new-metropolis-asset-light-deal-as-space-as-a-service-grows-in-popularity-among-landlords-and-enterprises\/"},"modified":"2021-06-03T04:15:00","modified_gmt":"2021-06-03T04:15:00","slug":"justco-signs-new-metropolis-asset-light-deal-as-space-as-a-service-grows-in-popularity-among-landlords-and-enterprises","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/06\/03\/justco-signs-new-metropolis-asset-light-deal-as-space-as-a-service-grows-in-popularity-among-landlords-and-enterprises\/","title":{"rendered":"JustCo Signs New Metropolis Asset-Light Deal as &#8220;Space-as-a-Service&#8221; Grows in Popularity Among Landlords and Enterprises"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p class=\"subheadline\">\n                               Evolving market dynamics fuelling push towards increased flexibility in commercial real estate consumption                            <\/p>\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a>\u00a0&#8211; 3 June 2021<strong>\u00a0<\/strong>&#8211;\u00a0<a href=\"https:\/\/www.justcoglobal.com\/sg\/\">JustCo<\/a>, Asia&#8217;s leading&#13;<br \/>\n&#8216;Space-as-a-Service&#8217; provider, signed an agreement with Ho Bee Land Limited to&#13;<br \/>\nmanage about 35,000 square feet of The Metropolis office space in Buona Vista,&#13;<br \/>\nSingapore. This space is scheduled to open in the first quarter of 2022. The&#13;<br \/>\nannouncement comes amid heightened demand for flexible work options from&#13;<br \/>\nbusinesses, employees wanting to &#8216;work from anywhere&#8217;, and landlords seeking mutually&#13;<br \/>\nbeneficial partnerships with space operators.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;Businesses today are looking for flexible rental options&#13;<br \/>\nthat are versatile and highly responsive to changing market dynamics,&#8221; said&#13;<br \/>\nKONG Wan Sing, Founder and CEO, JustCo. &#8220;The combination of businesses seeking&#13;<br \/>\nto deploy less capital into real estate, and employees expecting more choices&#13;<br \/>\nover how and where they work, will fuel expectations towards flexible office&#13;<br \/>\nspace and Space-on-Demand, to complement their primary real estate needs over&#13;<br \/>\nthe next decade.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The&#13;<br \/>\nJustCo-managed space will occupy two floors in The Metropolis Tower One. It will be designed to optimise the sharing of&#13;<br \/>\nspaces, assets and amenities to provide <a href=\"https:\/\/www.justcoglobal.com\/sg\/private-office\">flexible&#13;<br \/>\nspace solutions<\/a> once tenants within the Premium Grade-A development&#13;<br \/>\nbecome part of the <a href=\"https:\/\/www.justcoglobal.com\/sg\/locations\">JustCo&#13;<br \/>\nnetwork<\/a>. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Prospective tenants at the managed space in The Metropolis&#13;<br \/>\nwill join <a href=\"https:\/\/www.justcoglobal.com\/sg\/community\">JustCo&#8217;s&#13;<br \/>\ncommunity of over 100,000 members,<\/a> gaining access to tech-enabled&#13;<br \/>\nplatforms which allow for increased collaboration and networking. \u00a0Located next to Buona Vista MRT Station,&#13;<br \/>\nJustCo at The Metropolis is the company&#8217;s second centre in the one-north&#13;<br \/>\nprecinct and serves as an ideal location for workforce decentralization plans. \u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;Today&#8217;s announcement to&#13;<br \/>\npartner JustCo bears testament to our continued commitment towards offering flexible office&#13;<br \/>\nand rental solutions that will help our tenants better&#13;<br \/>\nadapt to the new &#8216;norm&#8217; of having a hybrid workforce and a challenging&#13;<br \/>\noperating environment,&#8221; said Chong Hock Chang, Group Director, Projects &amp;&#13;<br \/>\nMarketing, Ho Bee Land Limited.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>In the thick of the COVID-19 pandemic in 2020, JustCo&#13;<br \/>\nwelcomed large corporations into its community, such as Tencent-backed Riot&#13;<br \/>\nGames, cosmetic giant L&#8217;Oreal, and Kasikorn Line backed by Kasikorn Bank. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-06-03\/80346\/justco-signs-new-metropolis-asset-light-deal-as-space-as-a-service-grows-in-popularity-among-landlords-and-enterprises\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Evolving market dynamics fuelling push towards increased flexibility in commercial real estate consumption SINGAPORE &#8211;\u00a0Media&#13; OutReach\u00a0&#8211; 3 June 2021\u00a0&#8211;\u00a0JustCo, Asia&#8217;s leading&#13; &#8216;Space-as-a-Service&#8217; provider, signed an agreement with Ho Bee Land Limited to&#13; manage about 35,000 square feet of The Metropolis office space in Buona Vista,&#13; Singapore. This space is scheduled to open in the first &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15233"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=15233"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15233\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=15233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=15233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=15233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}