JustCo to open new co-working centre at International Plaza; expands Apac footprint

SINGAPORE (EDGEPROP) - Flexible workspace provider JustCo will open a new centre at International Plaza. Targeted for opening in early 2023, the centre will take up an entire floor, encompassing some 50,000 sq ft. It will be operated under a management contract with the site’s landlord, I Associated Company. The new centre is JustCo’s 18th co-working space in Singapore.

See also: International Plaza relaunched for collective sale at $2.7 bil

JustCo also announced it will open two new centres in Tokyo, Japan, and one new centre located in Bangkok, Thailand. Along with the centre at International Plaza, the co-working platform will add a total of nearly 150,000 sq ft of co-flexible workspace to its portfolio.

In Tokyo, the centres are located at Shinjuku Marina Tower, which will open in November, and Gran Tokyo South Tower, which will open in early 2023. The new centres follow the opening of JustCo’s first co-working centre in Japan at Shibuya Hikarie, which began operations in January. The centre has already achieved 85% occupancy, notes the firm. It also manages

In Thailand, JustCo’s co-working centre will be located at Bangkok’s Silom Edge, occupying four full floors in the mixed-development building. The centre, which will open in September, has a 900-member capacity, and will include larger boardrooms and seminar rooms that are available as co-working spaces for other tenants in the building.

With more businesses seeking hybrid work as a permanent solution, JustCo says it will continue to look for quality locations and buildings to enable the workforce to “work from anywhere”.

“In Singapore, we are seeing strong business recovery with 75% occupancy across the market, and our centres in Bangkok, Taipei and Seoul are nearing full occupancy. We will continue to seize the right market opportunities to be the partner of a future-ready workforce,” says Kong Wan Sing, founder and CEO of JustCo.

He adds that the company aims to ride the hybrid work wave in Tokyo. In addition to new centres, the company has launched smaller-format JustCo Zones, a new unmanned pay-per-minute solution, from three locations in Tokyo. At the JustCo Zones, users can unlock the premises with a registration via the Switch mobile app and pay only for the time they use the facility, without any need for a deposit or credit balance. For more intensive users, longer-term subscription plans are also available at JustCo Zone locations.

Founded in 2011 and headquartered in Singapore, JustCo now has over 40 co-working spaces across 10 major cities in Asia Pacific.