As collaboration and innovation rise up the corporate agenda, flexible workspace is becoming more of a priority. And landlords and developers are taking note.

For now, coworking operators are reining over the market. U.S.-based WeWork recently opened its flagship space in Southeast Asia. Singapore’s sovereign wealth fund GIC has partnered with property firm Frasers to inject US$177 million into expanding JustCo across Japan, China, Australia and India.

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