JustCo has entered into an exclusive joint venture with TICON Industrial Connection Plc, a Thailand-based leading provider of integrated industrial properties and majority-owned by Frasers Property. The move follows GIC and Frasers Property’s joint investment in JustCo in May.
Also, JustCo is opening a second co-working space at Capital Tower in Bangkok, following its success at the first space at AIA Sathorn Tower in the Thai capital in May. More openings are planned by the end of the year.
This strategic partnership will help JustCo leverage and tap a wider network of industries with affiliation to both TICON and Frasers Property, to accelerate expansion plans in Thailand. Says Kong Wan Sing, founder and CEO of JustCo: “This partnership helps JustCo accelerate our ambitious opening plans in Thailand and in the rest of the Asian region, where we aim to open 100 centres by 2020.”
Slated to open this month, JustCo at Capital Tower spreads across 37,674 sq ft, occupying three levels of the Capital Tower building. Located at the edge of Bangkok’s central business district, and near the city’s busy Ratchaprasong shopping district, JustCo at Capital Tower is near BTS Ploenchit Station.j
Exclusive to JustCo at Capital Tower is a garden-themed collaboration space, featuring a dedicated area with swing chairs for members to interact with like-minded innovators beyond their work desks.