Common Ground to expand presence in the region
Sharina Ahmad | 10 May 2019 00:30
Malaysia's largest co-working space operator Common Ground sees huge demand for co-working space in Thailand and the Philippines as competition continues to grow this year, driven by international and local players.
“Thailand is a very promising market for us. The commercial real estate in good location is expensive and limited for small businesses. Besides, Thai culture appreciates the outstanding lifestyle and community- oriented concepts.
“Having Central Group Thailand (one of the largest local conglomerates involved in merchandising, real estate, retailing, hospitality and restaurants) as our joint venture partner, we have access to excellent real estate as well as partnerships with over 200 lifestyle brands owned by them,” says CEO and co-founder Juhn Teo.
The group, he notes, also has access to Central Group’s 1 Card member (a loyalty programme card) community comprising 16 million people.
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