Singapore’s JustCo to push on with regional expansion even as a winter chill is coming down on co-working space providers

The crash of WeWork, one of the largest co-working providers in the US, has raised concerns about the future of the sector.

Since the collapse two months ago, office landlords and building owners have also been feeling jittery about signing on co-working operators as anchor tenants in their buildings.

However, JustCo, the leading Singapore-based co-working space provider, plans to continue expanding aggressively across Asia, says its founder and CEO Kong Wan Sing.

“It’s true, we have noticed that landlords and building owners are more cautious and are naturally getting more selective of the co-working space operator that they choose to work with,” Kong said in an email response to queries from The Edge Singapore.

But he is confident that the disruption of the commercial real estate space by co-working will persist. “We will continue to break down the walls of traditional offices,” he said.