Smartworks Coworking Spaces has completed its acquisition of Workstudio Spaces, a Singapore-based coworking and flexible workspace provider, through its wholly owned subsidiary, Smartworks Space. The completion of the acquisition further strengthens Smartworks’ presence in Singapore’s enterprise workspace market and expands its managed office portfolio in one of Asia’s leading business hubs.
With the addition of Workstudio, Smartworks’ Singapore portfolio has expanded to four operational centres, increasing its footprint to around 76,000 sq. ft. with a seating capacity of over 1,500. The acquisition also brings over 45 clients across diverse industry sectors into the company’s Singapore portfolio.
Smartworks Coworking Spaces is engaged in the business of customized managed workspace solutions, offering fully serviced, tech-enabled office environments with aesthetic designs and essential amenities to meet the specific needs of enterprises and their employees.
