SPACES makes first foray into the Chinese mainland shared co-working market

SPACES, an Amsterdam-born co-working space brand, opened a 4,000-square-meter location inside the 632-meter Shanghai Tower today — its first in the Chinese mainland.

The new site occupies the entire 29th floor of the country’s tallest building and provides nearly 500 work stations. It is the latest to join its global network which comprises more than 70 in almost 30 countries. 

“We plan to expand our presence in Shanghai as well as some other Chinese cities over the next 12 months,” Jack Sun, chief executive officer for Spaces’ China operation, said without elaboration.

The company plans to open two locations in Hong Kong and is looking at 10 to 15 new buildings across the country with Beijing on the top of its list, Martijn Roordink, co-founder of Spaces, told Shanghai Daily during an earlier interview.

The only European branded office space, Spaces aims to grow its network to around 250 locations worldwide by the end of next year.