Traditional landlords have already started disrupting their traditional offering – GPT has its own co-working brand Spaces & Co and Dexus offers flexible meeting and conference facilities with Dexus Place – and CBRE’s co-working business has plans to expand into Asia-Pacific, according to Hana CEO Andrew Kupiec. The commercial real estate services and investment firm, which announced its entry in the sector last November, has opened two locations in the US, and last week revealed details of its first three sites in the UK. The shift from the firm's traditional role of brokering deals between landlords and tenants comes as established players seek new revenue opportunities, to replace revenues lost to disruption of traditional services. “[We] are looking at a number of different opportunities for our clients that we haven’t been able to do before,” said Kupiec, who is also chief executive officer of CBRE. Hana Team, which provides private office suites for enterprise clients, Hana Meet, which rents conference room and event space, and Hana Share, which provides co-working spaces.
CBRE’s co-working business has plans to expand into Asia-Pacific, according to Hana CEO Andrew Kupiec. The commercial real estate services and investment firm, which announced its entry in the sector last November, has opened two locations in the US, and last week revealed details of its first three sites in the UK. The shift from the firm's traditional role of brokering deals between landlords and tenants comes as established players seek new revenue opportunities, to replace revenues lost to disruption of traditional services. “[We] are looking at a number of different opportunities for our clients that we haven’t been able to do before,” said Kupiec, who is also chief executive officer of CBRE. Hana Team, which provides private office suites for enterprise clients, Hana Meet, which rents conference room and event space, and Hana Share, which provides co-working spaces.