Korean construction company Lotte E&C has launched a co-working company, opening a 565-desk centre in Seoul's 123-storey Lotte Tower. Workflex is targeting entrepreneurs and start-ups with a premium offering that includes access to meeting rooms at Lotte Hotels & Resorts properties and discounts at cinemas and food courts operated by Lotte Group affiliates. The company plans to open a further 2020 Workflex locations by 30. Korea's co-working sector was valued at KRW60bn ($53m) in 2017 is predicted to grow 63% annually over the next five years, according to the KT Economic and Management Research Institute.
Korean construction company Lotte E&C has launched a co-working company, opening a 565-desk centre in Seoul's 123-storey Lotte Tower. Workflex is targeting entrepreneurs and start-ups with a premium offering that includes access to meeting rooms at Lotte Hotels & Resorts properties and discounts at cinemas and food courts operated by Lotte Group affiliates. The company plans to open a further 30 Workflex locations by 2020. Korea's co-working sector was valued at KRW60bn ($53m) in 2017 is predicted to grow 63% annually over the next five years, according to the KT Economic and Management Research Institute.