JustCo has announced plans to open two offices in South Korea and four in Australia. The Australian offices, its first outside Asia, will be in Sydney and Melbourne and will include a 90,000 sq ft site at 15 William Street, Melbourne, scheduled to open in May. The first centre in South Korea will be in the Seoul Finance Centre, which is owned and managed by Singapore’s sovereign wealth fund, GIC. “Australia offers us an opportunity for our business model to grow into one of the largest markets in Asia,” said Justin Chan, CEO of JustCo.http://www.cbc.ca/news/canada/bri@@ Kong Wan Sing, founder and CEO of the Singaporean company, said all its new locations have enjoyed 50% pre-lease commitments from large corporates.
JustCo has announced plans to open two offices in South Korea and four in Australia. The Australian offices, its first outside Asia, will be in Sydney and Melbourne and will include a 90,000 sq ft site at 15 William Street, Melbourne, scheduled to open in May. The first centre in South Korea will be in the Seoul Finance Centre, which is owned and managed by Singapore’s sovereign wealth fund, GIC. Last spring, JustCo partnered with Frasers Property and GIC, jointly investing $177m to extend its co-workspace platform across Asia. Kong Wan Sing, founder and CEO of the Singaporean company, said all its new locations have enjoyed 50% pre-lease commitments from large corporates.