KUALA LUMPUR (Aug 16): Co-working and flex space provider WORQ, in a joint partnership with UOA Asset Management Sdn Bhd, has announced an expansion of its Menara UOA Bangsar outlet on Friday.
UOA Asset Management is a subsidiary of UOA Group and manages UOA REIT, the building owner of Menara UOA Bangsar.
The expansion adds 17,500 sq ft to the existing 15,000 sq ft space, bringing the total size of the co-working space to 32,500 sq ft.
According to WORQ co-founder and CEO Stephanie Ping in her opening speech at the ceremony commemorating the expansion in Menara UOA Bangsar, WORQ has achieved 100% occupancy for this space a month prior to the launch of this expansion.
Users of this outlet include the likes of venture capital firms such as Artem Ventures Sdn Bhd and Antler as well as funding agency Cradle Fund and tech giant Alphabet Inc.
“This expansion is not only about growing our footprint but also about fostering a vibrant community where innovation and collaboration thrive.
“Since the beginning, we have focused on meeting the evolving needs of the Malaysian business community and we are excited and committed to continuing our journey in creating spaces that empower businesses to succeed,” said Ping.
Next, she shared that WORQ will be focusing on its new outlet, WORQ Intermark at Integra Tower in Jalan Tun Razak that has been soft-launched in July. Featuring 24,000 sq ft of co-working space, WORQ Intermark is a joint venture with the building owner, Retirement Fund Inc (KWAP) and is already 96% occupied, she added.
The launch ceremony was officiated by MDEC vice president, digital industry acceleration division Wan Murdani Wan Mohamad.