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GIC, Frasers Property partner with co-working space provider JustCo

Reuters  |  SINGAPORE 

SINGAPORE (Reuters) - Singaporean sovereign wealth fund GIC, Frasers Property Ltd and co-working space provider JustCo will invest $177 million in a partnership that will help JustCo expand into more markets, the companies said in a statement.JustCo operates in Singapore, Indonesia and Thailand. The company has plans to expand into Greater China, Korea, Japan, Vietnam, Malaysia, the Philippines, Australia and India. Demand for co-working spaces in the world's largest cities has surged, drawing billions of dollars in capital into the sector. (Reporting by Aradhana Aravindan, Editing by ...

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First Published: Wed, May 16 2018. 13:36 IST