Layout
8,000 sqft open-plan workspace with pantry, meeting rooms and keyless entry
Seating up to 200 members
Expansive 8,000 sqft rooftop terrace with BBQ, lounge area and bar
Location
Lai Chi Kok, Hong Kong
Status
To launch in January 2021
The Hive Lai Chi Kok.
Vivid Invest partners with The Hive to launch a coworking space in Lai Chi Kok, Hong Kong
Vivid Invest and the Hive, Asia’s leading flexible workspace operator, announce the launch of the Hive Lai Chi Kok. It is the Hive’s first location in Kowloon, 10th in Hong Kong, and 20th in Asia Pacific. This affirms the Hive as the only provider to operate in all three of Hong Kong’s major regions. The ground-breaking deal with developer and landlord Vivid Invest marks the trend towards landlord and operator partnerships.
The Hive Lai Chi Kok is a partnership between Hong Kong Hive Limited and Vivid Invest. Although an increasingly popular arrangement in other markets, the Management Partnership agreement between the Hive and Vivid Invest is the first of its kind in Hong Kong. Setting a leading example for future coworking operator expansions, the move is indicative of how the industry in Hong Kong is developing away from traditional leasing agreements and towards management contracts with local property owners and developers.
