IWG to open new workspace in Tsim Sha Tsui

Workspace provider IWG will open one more office this December in Tsim Sha Tsui.

The office space Signature at Gateway will be located at Gateway Tower 5, one of 10 commercial buildings that sit on top of Harbour City. The opening of the new centre is the second WeWork site in Hong Kong to move over to IWG’s management in recent months. The first site at Hysan Place in Causeway Bay opened on 1 August 2020 and has already exceeded target occupancy levels, according to the company. 

IWG said it is seeing record levels of demand in Hong Kong as companies are rethinking their real estate strategies and turning to flexible workspaces during economically challenging times. Also, IWG regards Hong Kong as a key market for growth. 

“IWG is actively looking to increase its footprint in Hong Kong, at a time when a number of our competitors are retrenching," said Paul MacAndrew, country manager for IWG in Hong Kong. 

"Harbour City is home to a multitude of world leading companies from different sectors, including banking and finance, retail, telecommunications and technology and with its cutting edge facilities, Signature at Gateway is a fitting addition to the IWG portfolio in the region.”