Indonesia: JustCo, Gunung Sewu form co-working space JV

Photo: JustCo website

Singapore’s largest premium co-working space provider JustCo has formed a joint venture company with Gunung Sewu for the development of a co-working space business in Indonesia.

JustCo made the deal barely two months after it closed a Series B funding round from Thailand’s largest property developer Sansiri. That round gave the Singaporean firm a $200-million valuation.

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