CapitaLand acquires 50% stake in co-working space firm The Work Project

CapitaLand acquires 50% stake in co-working space firm The Work Project

CapitaLand’s ‘office of the future’ strategy involves integrating a building’s conventional office space (core) and flexible space (flex) into an ecosystem of innovative workplace solutions that are community-driven, tech-enabled and provide value-add for all tenants. (Credit: CapitaLand)

Singapore-based property developer CapitaLand has acquired a 50-per cent stake in co-working space operator, The Work Project, for S$27 million ($19.7 million), as it launches its “office of the future” strategy.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter