China-based Distrii plans to open one of the biggest co-working spaces in Singapore during the first half of 2018, said its CEO Dr Hu Jing (pictured).
Aside from displaying the capabilities of Chinese firms, the facility here will launch a platform that merges cutting edge technology with offline workplace amenities.
He said this earlier this month during the Future Forward Forum in Kuala Lumpur, an event organised by Malaysia’s Real Estate and Housing Developer’s Association (REHDA).
Hu was invited to talk about shared workspaces as real estate players in Malaysia have become more interested in the concept in light of the sluggish property market there.
In his speech entitled the “Future of Work”, Hu, who was the only representative from China who attended the forum, pointed out that today’s workplace is evolving.
In the past, companies consolidated their staff in one office building to promote better communication, lower operation costs, and for better management. But now landlords and different companies are testing new innovative ideas like co-working spaces as renting office premises in crowded commercial districts are getting more expensive, while employees have to contend with traffic to commute there.
To address these problems, he cited the online and offline tools offered by Distrii’s co-sharing workspaces that provides businesses with more flexibility, mobility, productivity and convenience.
While other co-working space operators like We+ and URWORK are also expanding their overseas operations, Hu revealed that it only took two years for Distrii to rapidly grow its presence in other countries.
Aside from property developers, the Future Forward Forum was attended by Swedish furniture giant IKEA and Spark Cowork Space.