Malaysian co-working start-up Colony has secured its largest tenant for its CBRE Eco City site, which is set to open in Malaysia today . We lose them to traditional office space,” he noted. Co-founder Timothy Tiah said the MYR5.6m ( US$20 million ) agreement with a local food importer and distributor marked a possible inflexion point in the Malaysian co-working sector, as growing numbers of corporations expressed an interest in the sector. A CBRE survey revealed more than 50% of businesses plan to incorporate co-working space into their office portfolios.
Malaysian co-working start-up Colony has secured its largest tenant for its CBRE Eco City site, which is set to open in Malaysia today . Co-founder Timothy Tiah said the MYR5.6m ( US$20 million ) agreement with a local food importer and distributor marked a possible inflexion point in the Malaysian co-working sector, as growing numbers of corporations expressed an interest in the sector. A CBRE survey revealed more than 50% of businesses plan to incorporate co-working space into their office portfolios.