Media Centre

JustCo, Asia’s Leading Flexible Workspace Provider, Expands Coworking Offerings in Japan to Accommodate the Growing “Work-from-Anywhere” Mobile Workforce

01 Mar 2022

JustCo DK Japan, Co., Ltd., a Daito Corporation Group joint-venture with JustCo Holdings Pte. Ltd., announced the expansion of its coworking offerings in Japan with a range of customized solutions for companies seeking flexible workspaces and to support the increasing “mobile workforce” who are free to work from anywhere.

JustCo DK’s first coworking workspace “JustCo at Shibuya Hikarie” is located on the 33rd floor of Shibuya Hikarie, while another co-working centre “.BASE managed by JustCo” is located on the 19th floor of Toranomon Towers Office, a prime business location in Tokyo. Both locations in the heart of Tokyo city centre cater well to businesses and professionals seeking maximum flexibility to manage their business costs.

To further cater to the needs of the Japanese workforce who live in the city fringe, JustCo also launched its new global product, JustCo Zone, in Japan. JustCo Zone is an ultra-convenient, unmanned, pay-per-minute solution that complements the larger JustCo co-working locations in the city centre. In Japan, the JustCo Zones are located in three busy terminal stations in the North, South and East of central Tokyo: Omiya-ku, Saitama City, Saitama Prefecture; Kamata, Ota-ku, Tokyo and Honcho, Funabashi City, Chiba Prefecture, offering convenience to meet the needs of a wide range of people.

JustCo is Asia’s leading provider of flexible workspace for businesses of all sizes seeking flexible solutions to nimbly scale their operations. Headquartered in Singapore, JustCo has over 40 co-working spaces across 10 major cities in Asia Pacific.

As hybrid work becomes more and more popular in Japan, companies are increasingly providing highly flexible work solutions to manage employee safety and productivity. To enable a more seamless experience across its offerings, JustCo members at “.BASE” and “JustCo Shibuya Hikarie” will access all locations of “JustCo Zone” for free, enabling members to work near their homes.

KONG Wan Sing, Founder and CEO of JustCo, said: “Hybrid work is here to stay. Companies offering flexible workspace arrangements are favorably viewed, strengthening their brand affinity and long-term attractiveness to hire and retain strong talent. JustCo is well-positioned in Japan to partner companies seeking highly convenient and professional workspaces to grow well into the future.”

Shogo Suzuki, General Manager of JustCo DK Japan, Co., Ltd. , said: “In Tokyo, the flexible workspace sector is underpenetrated. A recent industry report indicates that only about 2% of office stock in Tokyo is being occupied by flexible operators, which is less than half of the average figure in other major Asian cities. We are excited to serve the market with our range of workspace solutions.”

Media Centre

JustCo to Open its first Flexible Workspace in Japan

As featured on:

  1. The Edge
01 Jul 2021

JustCo, Asia’s leading ‘Space-as-a-Service’ provider, has signed an agreement with Tokyu Corporation to open JustCo’s first co-working centre in Tokyo, at Shibuya Hikarie. Targeted to open in January 2022, JustCo at Shibuya Hikarie is strategically located in the heart of Shibuya, the energetic Tokyo district that is home to many large technology corporates, start-ups and new ventures.

“The movement towards hybrid work arrangements is gathering pace. We are excited to be part of this movement in Japan,” said KONG Wan Sing, Founder and CEO of JustCo. “According to experts, over 20% of companies in Japan have indicated interest to pivot towards flexible work solutions by 20221. This reflects an increased appetite that will fuel the growth of the flexible workspace industry in Japan,” he added.

Tokyo’s Shibuya neighbourhood is a live-work-play hub that represents the best of what Tokyo brings as a global city of commerce and business. JustCo at Shibuya Hikarie will appeal to all businesses and companies looking to tap into Shibuya’s energy.

Members of this centre will also gain direct access to an extensive network of JustCo locations across nine gateway cities in Asia Pacific, offering a collaborative platform with meaningful networking opportunities.

“Businesses are increasingly seeking flexible work models to support hybrid work arrangements and work-from-anywhere policies. With JustCo’s flexible workspace at Shibuya Hikarie, tenants now have the option of complementing a traditional office with additional flexible workspace options. These “flex” options can be used for temporary headcount, specialized teams, or even innovation labs. We are confident that JustCo at Shibuya Hikarie will further reinforce the building’s position as an ideal office location,” said the PR Group of Tokyu Corporation.

In November 2019, JustCo entered the Japan market via a joint venture with Daito Trust, a leading construction and real estate company in Japan. As part of pre-launch efforts, JustCo at Shibuya Hikarie is now open for enquiries.

 

1Data source: CBRE Report: Japan ViewPoint – Tokyo Flexible Office Market, April 2021

Media Centre

How COVID-19 Proves to be A Business Opportunity for JustCo with 2 New Co-Working Spaces in Singapore

01 Oct 2020

In light of the COVID-19 situation, businesses have been forced to adapt quickly and implement remote working or working from home. As companies face economy uncertainties and workers adopt a new way of working, challenges and severe limitations for many businesses arise. Today, businesses recognize the importance of a flexible, reliable and sustainable workspace solution to counter cost pressures ahead, and to retain teams’ productivity and engagement. In an interview with Vulcan Post, Co-founder and CCO of JustCo, KONG Wan Long said, “Many corporates have started to realise that large headquarters which house all staff may not be the best way to go. The co-working model will continue to remain as a viable option, and we foresee more businesses housing employees in flexible workspaces — be it for remote working, business continuity purposes or even workforce decentralisation.” To read the full interview, kindly click here.

Media Centre

JustCo on CNBC Asia TV: Our New Future

01 Sep 2020

As a result of the COVID-19 pandemic, businesses around the world have implemented alternative work arrangements such as working from home and business continuity plans, to ensure the safety of workers. In an interview with CNBC Asia TV, Kong Wan Sing, Founder and CEO of JustCo said, “The pandemic has changed how people work. Companies have realised that 100% working from home is not practical, as it impacts productivity and collaboration amongst teams. Businesses today need hybrid workspace solutions, one that is flexible, cost-effective, safe, and can keep their employees well-bonded and engaged at the same time.” To view the full interview, kindly click here.

Media Centre

JustCo is Optimistic on the Future of Flexible Workspaces as Demand Rises in the New Normal

As featured on:

  1. The Business Times
  2. The Straits Times
  3. The Edge (12 Aug 2020)
  4. The Edge (4 Sept 2020)
01 Aug 2020

JustCo, the leading co-working company in Asia Pacific will support the growth and recovery of businesses as they adjust and adapt to the new normal. The continued demand for flexible workspaces sees JustCo welcome global enterprises L’Oréal and Riot Games to its large community. These two companies will house approximately 200 employees at the new JustCo centres located at OCBC Centre East and The Centrepoint.  

JustCo at OCBC Centre East and The Centrepoint are expected to house over 2,000 members when they open in August and October respectively. In line with its mission to ‘make work better’ for businesses, JustCo will continue to offer members maximum workspace flexibility with short-term lease commitment, allowing them to adapt to today’s unpredictable global business landscape. 

 Many large enterprises and corporates have adopted flexible workspace solutions as part of their business strategy. In the new normal, co-working spaces will remain as a relevant solution for businesses to upsize and right-size their space as and when required,” says Brandon Chia, Vice President & Head, Singapore and Indonesia. JustCo will also be relocating its headquarters to a larger office space at The Centrepoint as we cater to the company’s growth and expansion. We believe the new office will boost the collaboration spirit and staff morale as we transit into a new era. 

JustCo at The Centrepoint will be the first smart co-working centre in Singapore to pilot a new workspace usage concept enabling the next generation of Work From Anywhere. This on-demand space usage model offers maximum flexibility with minimal commitment, allowing consumers to pay for only what they need while enjoying unlimited co-working benefits at ease. Members can access coworking amenities like the hot-desks, meeting rooms, phone booths, and exclusive networking events. 

In addition, JustCo at The Centrepoint will also feature card-free access with Bluetooth capability, allowing members to unlock centre entrances, meeting rooms and private suites via the JustCo App. As part of the smart digital workspace, the in-house café at this centre comes with a coffee-making robotic arm, where guests can order and customise their desired beverages to a high degree of precision, be it western brews, local kopi or alcohol. All orders, customisation and payment will be done through the JustCo App – bringing customers added value and convenience  

”As a fast-growing global company, JustCo’s one-stop workspace solution has provided us with great convenience and flexibility to house our growing team while we work on numerous new game launches. We moved into JustCo less than a year ago, and have since outgrown our existing space. We are excited to be moving to a larger workspace at JustCo at The Centrepoint later in the year. Leaving the entire fit-out and workspace configuration in the good hands of JustCo’s professional team allows us to channel our resources to better focus on our publishing operations,” says  Kaialani Ng, Office Manager  of Riot Games Southeast Asia.  

JustCo also offers a hybrid of workspace solutions for businesses looking to decentralise its workforce. Its  new client, L’Oréal, will be housing their  Travel Retail Asia Pacific  employees at OCBC Centre East  in the second half of 2020, so as to accommodate  its growing team in Singapore. As a unique beauty leader, employees of L’Oréal  Travel Retail Asia Pacific  will benefit from the workspace accessibility as they are able to work from any JustCo centre across Asia Pacific, whenever they travel for business. JustCo’s fully furnished spaces will also provide them with convenient usage of meeting rooms, pantry, IT support, mail handling services, an on-site community team and more. 

In today’s age of remote working and isolation, businesses recognize the need to innovate and accelerate its digital transformation in order to survive, scale and succeed. JustCo will continue to drive the Future of Work with focus on deepening its technological capabilities to create smart, digital workplaces that will enhance the overall workspace experience to better service and connect its growing community of over 25,000 members across Asia Pacific. 

Media Centre

Overcoming Challenges in the Age of COVID-19

01 Jul 2020

The COVID-19 pandemic has disrupted and reshaped how people work and live across the globe. As companies undergo transitions between remote working and on-site work, many have learnt about the benefits of flexible work options, and how co-working space companies such as JustCo can help in future-proofing their businesses in the long term. Full article on Marketing Interactive can be read here.

Media Centre

Why Enterprises are Moving into Co-working Spaces

Flexible workspaces are typically the second home of freelancers and independant workers. However, they are seeing a growing demand from large enterprises including Fortune 500 companies, who are moving into co-working spaces like JustCo. Click here to find out why.

Media Centre

Together, we stand strong: overcoming business challenges in the age of COVID-19

01 May 2020

These times are daunting. The global battle against COVID-19 has forced us to put in place measures the world has never seen before, such as social distancing and self-isolation. This has impacted millions globally, including JustCo’s 25,000 members across Asia Pacific. But as our community continues to adapt to a complex and unpredictable time, my team and I are witnessing something inspiring.

JustCo’s members comprise a mix of large corporates, SMEs and small business owners. Even as some voiced their concerns about how they were going to keep their businesses afloat, they continue to reach out in support of one another’s physical and mental health. Our members have also created ways to provide relief to their own employees. JustCo’s community team has been working tirelessly to offer the best support possible in these circumstances, such as organising virtual wellness events and e-learning sessions so that members can continue to keep connected with the  JustCo community, remain engaged with the latest industry happenings, and make the most out of remote working.

These moments of human excellence are clear indicators that  business continuity and community wellness work best when they work together.

We are as strong as our communities

Our community – our members and staff – are foundational to JustCo and the reason for our existence.  Navigating a global pandemic will continue to engage both our physical and emotional health as we face the unpredictable weeks or even months to come, but our communities at work and at home remain the vital resources we have.

Long-term relationships with our community are built on trust – trust that they can commit a part of their wellbeing to an organisation that offers them proactive, timely and honest communication. Our  JustCo Relief Package  is one of the ways, where we are giving millions of dollars back to our community through a 30% reduction in membership fees for the month of May 2020, benefiting more than 3,000 companies.

No one can do this alone. This is a time to build solidarity between tenants like us and landlords, a time to share the burden and overcome pandemic-related challenges, together.

In some  countries  where businesses are resuming, we are offering special  Business Continuity Plan (BCP) packages to accommodate companies that need flexible workspace solutions such as ours to transition back into operation.

There is no established best practice on how to deal with a pandemic of this massive scale, but these circumstances urge us now to practice being our best. We continue to keep the lines of communication with our community open, with regular calls and check-ins with our members to ensure that their needs are being met.

If we build ourselves houses with good foundations, they will protect us in the storm. The same good mindset that governed our strategic decisions must continue to guide the way we act, now that the way we work has changed in the face of this pandemic.

Moving forward

A key learning from COVID-19 is that we can’t take good times for granted. Adaptability should certainly factor into our thinking, but overall, good and sound corporate governance is fundamental in ensuring that business operations run as smoothly and steadily as possible, while keeping the company on the right track to meet business objectives.

As businesses navigate these turbulent times, an understandable instinct is to change their approach to company finances, but we should not sacrifice strategy for speed. Approaching business with a standing attitude of financial prudence and disciplined growth has kept us free from debt and helped us to provide relief to our members, even as the pandemic affects all businesses, including ours. These are good values to look to for guidance as we progress in the coming weeks.

Changing the way we work

Undeniably, the current situation has changed the way we work – in small, split groups, and with telecommunication taking the place of human face-to-face interaction. Networking, open collaboration and exchange of ideas are qualities that have always stood central in JustCo’s quest to make work better. Because of these values, we had the opportunity to play a part in many organisations’ business continuity plans during the onset of COVID-19, as teams split to minimize the risk of infection.

Though many of us are struggling to navigate work in isolation, we have gotten to know the benefits of  flexible work options  and their role in future-proofing work in the long-term, as we eventually welcome back the social interaction we crave from our workplaces. Work is fundamentally social, and human connection plays an imperative part of the work experience, as regular connections keep us energised and help expand our network.

Until then, it’s important to remember that we’re stronger together than we are alone. To move forward, we must invest in each other – in our ability to inspire, to ideate, to care – to continue to invest in our businesses wisely, and make it through this difficult period.

Media Centre

Design and Tell: How JustCo as a New-age Business Integrates Phygital Strategies into Its Co-working Spaces

01 Apr 2020

Full podcast on Design and Tell can be heard here.

Phygital business will define the ‘new normal’. Among these, coworking space providers such as JustCo have gone mainstream and are sprouting all over Asian cities. In today’s episode, you’ll hear from Faith Soh, Head of Innovation & Partnerships at Justco, and Sylvia Bay, Design Director at Justco, on how they conceptualize and implement their flagship products and services such as JustCo Lab, Future of Work and the JustCo App, and on all the work that goes in constructing these hotspots of productivity and new-age business.

Media Centre

JustCo Set to Double Footprint (again) in Asia Pacific; Opening Orchard Road’s First ‘Smart’ Co-working Centre at The Centrepoint in 2020

As feature on:

  1. The Straits Times
  2. The Edge
01 Feb 2020

JustCo, one of Asia Pacific’s leading flexible workspace providers, has set its sights on doubling its presence across Asia Pacific in 2020. This will strengthen its regional network across more than 11 major cities, including Singapore, Bangkok, Jakarta, Taipei, Seoul, Melbourne, Sydney and Shanghai.

In 2019, JustCo grew by more than 150% year-on-year in total area managed in co-working spaces, largely spurred by the continued demand of both multi-national and local clients who are increasingly seeing the value of co-working, particularly the use of workspace smart technologies that make their work lives easier. During the year, JustCo doubled the number of enterprise clients served across its various markets, including Novartis in Taiwan, General Electric and Grand Thornton in Thailand, Expedia in Australia, as well as Fave in Singapore. This unprecedented demand for coworking spaces is evident not only from large corporates, but also from start-ups and small and medium enterprises like KILSA Global, NewCampus and Tech In Asia in Singapore.

“Our growth to date has been on the back of client demand as more of our members recognise our value in making work better for them. This, we firmly believe is the most sustainable way to expand our business. In addition, beyond just physical spaces, our greater purpose is to build a mega network and community within and across markets – one that helps companies and individuals realise the synergies, efficiencies and opportunities of a shared workspace. In just over a year, our member base has grown by 100% and this is set to grow further with changing workforce demographics.” said Founder and Chief Executive Officer, Kong Wan Sing.

Strategic partnerships have been vital to JustCo’s expansion. Since the US$177m investment from GIC and Frasers Property in May 2018, JustCo has expanded its network from 14 centres in two cities to 42 centres across eight cities today. Partnerships in the form of joint ventures and management contracts have also been secured with established conglomerates across the region, including Frasers Property and Sansiri in Thailand, Gunung Sewu in Indonesia, GuocoLand and Verizon in Singapore, and most recently, Japanese real estate giant, Daito Trust. Collectively, the expanded network of centres and growing demand will contribute substantially to revenue growth in 2020.

In fostering such partnerships, JustCo has been able to leverage the regional network of GIC and Frasers Property to take on new leases and secure co-working spaces within iconic buildings in prime locations. For instance, JustCo opened its first centre in Korea at the Seoul Finance Center, owned and managed by GIC, and in Singapore, JustCo recently opened a new centre on the second storey of Cross Street Exchange (formerly known as China Square Central), a portfolio property of Frasers Commercial Trust, which is one of Frasers Property’s stable of REITs.

Mall locations hit the spot for JustCo with two new centres in retail malls

JustCo picks The Centrepoint, another Frasers property – for its new ‘smart’ co-working centre and headquarters and foodie central Amarin Plaza in Bangkok as its fourth location in Thailand.

The new centre at The Centrepoint will be JustCo’s 19th co-working centre in Singapore and the company’s second location along Orchard Road after MacDonald House, which opened in 2018. It will also be its second centre in a retail mall, following the success of its centre at Marina Square, where it brought vibrancy to the tenant mix as well as drove foot traffic to the mall.

Kong Wan Sing commented, “Malls in the city see annual footfall of over 30 million compared to approximately 120,000 in an office building in the CBD, and we believe that there is a huge untapped opportunity in the retail space segment.”

The 60,000 square foot centre at The Centrepoint will be the largest co-working centre along Orchard Road and will be JustCo’s first ‘smart’ co-working centre in Singapore, leveraging proprietary technologies and tapping data analytics to enhance the overall workspace experience, bringing added convenience and ease of navigation to members. Highlights include a robot butler, cardless access with facial recognition capability, and a digital wayfinder.

Scheduled to open in Q3 2020, the new centre spanning three levels will pilot JustCo’s first Pay Per Minute (PPM) concept whereby members of the public can walk in and enjoy the flexible use of JustCo’s spaces and amenities such as the hot-desking area, lounge, seminar rooms, meeting rooms and phone booths, and pay as they use via the JustCo mobile app. In addition, the new centre will also house a café, which will be accessible to both JustCo members and the public, encouraging networking opportunities.

“This year, our focus will be to deepen our technological capabilities to create smart, digital workplaces that will serve JustCo members across our network more seamlessly and efficiently.” Kong Wan Sing added.

The centre at Amarin Plaza will be JustCo’s fourth centre in Bangkok. Located in the prime Ratchaprasong district, the centre at over 4,000 sq metres, will have the capacity to host 1,000 members. Directly accessible by the Chit Lom BTS, the mixed-use building boasts both retail (including department store Sogo) and office space and is well-known for its Thai street food dining hall concept. JustCo’s centre at Amarin Plaza will open in Q3.

Headcount Growth

JustCo’s growth has also seen the rapid expansion of its team, with a headcount of more than 300 employees across the region today, double what it was a year ago. This year, JustCo expects to grow its headcount by 30% across various functions from real estate management, and strategic investment, to digital innovation and enterprise business development.

In 2020, factors such as changing demographics, growing demand by enterprise clients, strategic business partnerships, investments and technological developments in workspace design will continue to be important drivers for JustCo’s growth across the region.