Flexible workspace market space is seeing a heightening momentum, with Asia set to take the lead over the U.S. and Europe combined by 2022. But finding the right workspace in an increasingly crowded market is no simple feat, with many smaller companies not having the expertise to negotiate the right deals.
Colliers International is looking to change this. It recently inked a new deal with Booqed to provide companies in Hong Kong and Singapore better access to “value, speed and choice” when selecting short-term flexible workspaces.
“There are significant strategic benefits to both companies, but at the end of the day, it will be the clients who benefit most. Co-working is here to stay. This partnership will bring the best of Colliers, Booqed and our flexible workspace partners to companies looking to leverage this market evolution of office space usage,” said David Wong, CEO of Booqed.
According to the press release, the deal responds to the increasing demand from companies of all sizes to “leverage benefits provided by flexible workspaces.”
Companies will be able to use Booqed’s technology platform and services, partnerships with workspace operators and short-term leasing expertise in Hong Kong and Singapore to get the right workspaces for their team.
Booqed is a Colliers Proptech Accelerator Powered by Techstars company and offers a marketplace of flexible workspaces. The deal underscores the success of the program in this rising startup sector.
“This partnership on the back of the Colliers Proptech Accelerator program is a testament to Colliers’ commitment to advancing proptech innovations and improving the real estate industry for our clients. Through our partnership with Booqed, we will be able to provide added value and service to our clients in flexible workspace options on top of our already best-in-class real estate platform,” said Sam Harvey-Jones, Managing Director of Occupier Services, Asia at Colliers International.