Chinese real property investment management firm zeroes in on thriving co-working market

Kailong is mulling the addition of co-working elements for its eight Hong Kong properties.

Shanghai-based real estate investment property management firm Kailong is planning on integrating a co-working element for all eight of its commercial properties in Hong Kong as it aims to grab a slice of the booming market, reports South China Morning Post. 

Also read: Flexible working spaces in Hong Kong doubled in past three years

“We will upgrade buildings to fit with the demand for shared offices,” said Ivan Ho, Kailong’s chief executive for its Hong Kong office. “We plan to sell individual floors to investors or occupiers who want smaller spaces in the city’s core business districts.”

The company is planning on upgrading certain portions of its properties to build big areas for networking activities characteristic of flexible working space arrangements. These properties will then be put up for sale as strata-title office transactions.

Kailong has eight office properties in Tsim Sha Tsui, Wan Chai and Sheung Wan.