Real estate giants choose startup route to chase startups
Finding that ideal co-working or shared services office space used to be a word of mouth exercise in Singapore, where a startup company would hear about flexible office leases from other people. Actually signing a long-term lease and fitting out an office was something that big companies did through large real estate brokers. That model is now changing and at least one real estate firm, Savills, has decided that if you can’t beat them it is better to join them by setting up a new startup brand called Workthere which caters exclusively to start-ups and businesses seeking a lease in a shared office space. Savills bills Workthere as an entirely new brokerage service and website listing platform combining excellent technological experience with best-in-class personal advice. The Workthere service in Singapore will be managed by Yann Deschamps, head of Workthere APAC, working closely with the local occupier services offerings....
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