UEM Sunrise partners WOTSO for new co-working space venture


UEM Sunrise Bhd has signed a joint venture (JV) agreement with Australia’s collaborative workspace provider WOTSO, a subsidiary of BlackWall Limited to create and operate sustainable co-working spaces in Malaysia and Singapore.
The JV company with equal stake between port parties, will facilitate the implementation of co-working spaces in UEM Sunrise’s current and future projects, starting with the 13,000 sq ft Mercu Summer Suites, Kuala Lumpur (KL) in the second-quarter of 2018 (2Q18).
UEM Sunrise MD and CEO Anwar Syahrin Abdul Ajib said this partnership is part of UEM Sunrise’s vision ‘Building communities of the future’.
“Through WOTSO, we aim to become a driving force for the co-working industry by integrating modern physical workspaces with intelligent digital systems,” he told reporters at the signing ceremony in Kuala Lumpur today.
WOTSO CEO Stuart Brown said: “With the right design and management, businesses will thrive and be able to attract key talents into their organisations.
“By providing the tools and service to grow their business with us, WOTSO will cultivate the perfect workspace for Malaysia’s small and medium enterprise (SME) scene, as well as digital and knowledge economy to grow at spectacular rate,” he said.


Wednesday, May 23, 2018

UEM Sunrise’s earnings higher in 1Q18