SINGAPORE – UEM Sunrise Berhad, one of Malaysia’s leading property developers has today signed a Joint Venture Agreement with Australia’s largest collaborative workspace provider, WOTSO (a wholly-owned subsidiary of BlackWall Limited to jointly create and operate sustainable co-working spaces in Malaysia and Singapore.
Held at UEM Sunrise’s Showcase in Mont’Kiara, Kuala Lumpur, the signing ceremony was carried out by UEM Sunrise’s Managing Director/Chief Executive Officer, Anwar Syahrin Abdul Ajib and was witnessed by its Chief Operating Officer, Commercial, Raymond Cheah; while BlackWall was represented by its Chief Executive Officer, Stuart Brown and witnessed by WOTSO Senior Manager, Thomas Aitchison.
A newly-formed 50:50 joint venture company, WOTSO, will facilitate the implementation of co-working spaces in UEM Sunrise’s current and future projects, starting with Mercu Summer Suites, Kuala Lumpur in 2Q 2018. For BlackWall, it is the first time that the WOTSO brand is entering the Malaysian market.
Commenting on the signing, Anwar said, “This symbiotic partnership is aligned with UEM Sunrise’s vision, ‘Building communities of the future with you and for you’. We pride ourselves in being a lifestyle developer and a creative placemaker, going beyond the mere construction of brick and mortar. We strive for new ideas in managing spaces and bringing our developments to life. With UEM Sunrise’s long standing core competencies in macro township development; high-rise residential, commercial, retail and integrated developments; as well as property management and project & construction services paired with WOTSO’s reputation as Australia’s largest provider of collaborative workspace hubs, we hope to leverage on each other’s resources and expertise. Through WOTSO, we aim to become a driving force in the co-working industry by integrating modern physical workspaces with intelligent digital systems.”
“WOTSO is flexible work environments made easy. We attract members from various scales and industries; ranging from freelancers, start-ups, small and medium-sized enterprises (SMEs) and large multinational companies. WOTSO is beyond just any shared office space with a WiFi connection and a bunch of desks. Together, we intend to create more jobs, build holistic communities and encourage the growth of local businesses and talents.
We invite the global community of impact makers and change specialists to collaborate here, where we provide an environment filled with a warm sense of community and camaraderie. By providing the tools and services to grow their business with us, WOTSO will cultivate the perfect workspace to encourage creativity and innovation so that Malaysia’s SME scene, as well as digital and knowledge economy, will continue to grow at a spectacular rate,” added Stuart.
“Ultimately, we are positive that collaborative workspace is the future of workplace. With the right design and management, businesses will thrive and be able to attract key talents into their organisations. For example, Solaris Dutamas has long established itself as one of the most iconic innovative commercial developments in Kuala Lumpur. By embodying swanky creative minds with the swagger of thinking differently, we have carefully nurtured an infusion of lifestyle and retail that has made Publika synonymous with retailing creativity, where art, style and taste converge in the most exciting and vibrant ways. Through WOTSO, we will continue to carry this DNA into our co-working spaces, generating employment opportunities and driving higher footfalls into our developments”, concluded Raymond.
Unlike traditional office spaces, what makes WOTSO workspace hubs unique is their flexible adaptability. The first WOTSO location in Mercu Summer Suites, Kuala Lumpur will offer minimum start-up costs and turn-key solutions to their members. This means that as a business grows, WOTSO WorkSpace hubs are just as adaptable, allowing the user to expand their number of workstations on demand by providing everything that is needed to get a business off the ground immediately.
WOTSO’s vision is to create quality yet sustainable co-working spaces that considers the flow and interaction of its members. All WOTSO hubs’ designs will be inspired by change makers and disruptors who desire for creative and social environments.
The value-add to be associated with WOTSO is that members will be entitled to free access in all 12 WOTSO WorkSpace hubs currently operating in Singapore and Australia.
Article contributed by BlackWall Limited.