CapitaLand unveils first Grade A coworking space in Singapore’s Central Business District as part of joint venture
Collective Works Capital Tower’s innovative 22,000 square feet ‘office of the future’ is home to vibrant high performance community
Singapore, 8 June 2016 – CapitaLand and joint venture partner Collective Works open the doors today to Collective Works Capital Tower - the first premium coworking space in a Grade A office building in Singapore’s Central Business District (CBD). The landmark 22,000 square feet, high performance ‘office of the future' occupies the entire level 12 of the 52-storey Capital Tower, which is also CapitaLand’s head-quarters.
Mr Wen Khai Meng, CEO of CapitaLand Singapore, said: “CapitaLand is a progressive and forward looking real estate developer and our coworking partnership with Collective Works exemplifies this. This partnership leverages CapitaLand’s market leadership and extensive network. Besides reaching out to a vibrant new market, Collective Works Capital Tower will augment CapitaLand’s offerings to existing customers and corporate partners. To date we are excited to welcome a number of high profile members to Collective Works Capital Tower including 500 Startups who will undoubtedly bring new buzz to the Capital Tower community. Coworking is in line with CapitaLand’s ‘office of the future’ vision, where people work in hubs of collaboration, community and creativity. We will be watching this space keenly as it evolves.”
As one of the leaders in coworking in Singapore, Collective Works is known for its innovative design aesthetic and superior attention to details in such areas as ergonomics, ambience, lighting and acoustics. Leveraging this expertise, Collective Works Capital Tower offers premium fittings and furnishings as well as the latest technology to support its high performance community. More than just a stylish workspace, Collective Works Capital Tower is designed to enhance productivity and facilitate connections and collaborations among fast-growing companies. The community at Collective Works Capital Tower will also benefit from the building’s excellent location, connectivity to public transport and amenities located within the building such as cafes, clinics and a gym.
Commenting on the interest in Collective Works Capital Tower to date, Mr Jonathan O’Byrne, founder of Collective Works said: “Interest has been very strong and from a broad range of industries. We are in discussion with more than 60 companies looking to join Collective Works Capital Tower over the next few months. We are paying particular attention to the mix of the community and the Collective Works Capital Tower family is proving to be diverse but consistently premium.”
Members in the new space include dynamic brands such as the prolific global venture capital firm 500 Startups as well a number of marketing, computer programming and data analytics companies. There is also strong interest from global financial, technology and law firms.
Mr O’Byrne added: “Across Asia we have witnessed an exponential surge in demand from entrepreneurs seeking more personal business solutions. Our new space and our premium community create a unique ecosystem for our clients within the prestigious Capital Tower”.