Mall operator Central Pattana has announced plans to enter the co - workspace market in Thailand forming a JV with Common Ground Works and SM Asia . Central Pattana will hold a 51 % stake , with Common Ground Works and MSB Asia holding 29 % and 20 % respectively . “For Thailand, we expect the volume of co-working spaces to increase by seven times over the next five years,” said Teo. The company will open its first co - working space in early 2018 and plans to open 20 more over the next fie years as part of a BHT800 m ( $ 24.3 m ) investment .
Mall operator Central Pattana has announced plans to enter the co - workspace market in Thailand forming a JV with Common Ground Works and SM Asia . Central Pattana will hold a 51 % stake , with Common Ground Works and MSB Asia holding 29 % and 20 % respectively . The company will open its first co - working space in early 2018 and plans to open 20 more over the next fie years as part of a BHT800 m ( $ 24.3 m ) investment .