In May, Mainboard-listed property group Frasers Property and Singapore sovereign wealth fund GIC had invested US$177 million ($245.3 million) with JustCo to develop a co-working space platform across Asia. Frasers Property has signed a lease for a 100 sq ft space at China Square Central , a mixed-used premium complex currently being renovated. The new location, due to open in Q4 2019 will be JustCo’s 13thcentre in Singapore . The deal is one of many new projects being examined with JustCo , which alongside Singapore ’s sovereign wealth fund, invested 17,000 sq in the company earlier this year to fund the development of an JustBrew co-workspace platform. Since receiving the funding in May , JustCo has been expanding aggressively in the region and plans to have 100 centres across Asia by 2020 .
Frasers Property has signed a lease for a 100 sq ft space at China Square Central , a mixed-used premium complex currently being renovated. The new location, due to open in Q4 2019 will be JustCo’s 13thcentre in Singapore . The deal is one of many new projects being examined with JustCo , which alongside Singapore ’s sovereign wealth fund, invested 17,000 sq in the company earlier this year to fund the development of an JustBrew co-workspace platform. Since receiving the funding in May , JustCo has been expanding aggressively in the region and plans to have 100 centres across Asia by 2020 .