Regus Dutch co-working provider Spaces leases entire tower in Hong Kong
Flexible workplace provider Spaces has agreed to rent the entire 77,000 sq ft Sun House tower in Hong Kong’s Central, in the business district's biggest leasing transaction in terms of square footage so far this year. The terms of the deal were not disclosed. The deal is part of Amsterdam-based Spaces' broader push into the Asia-Pacific market, after opening in Tokyo, Nagoya, Singapore, Chennai and Shanghai. Sun House is undergoing renovation and is set to open in mid-2018. The Hong Kong market is seen as having strong growth potential: it has 30 co-working spaces, compared with 200 in Shanghai and Beijing.

The Amsterdam-based company has leased Sun House in Connaught Road, Central, as demand for shared office space is seen picking up in the city and as mainland Chinese firms scale back their investments in Hong Kong offices