Ucommune and Zhuhai Gree Real Estate Company Limited sign up a pact to establish a benchmark co-working space in Greater Bay Area, China

The facility would commence its operations on January 01, 2023

Ucommune and Zhuhai Gree Real Estate Company Limited sign up a pact to establish a benchmark co-working space in Greater Bay Area, China

Ucommune and Zhuhai Gree Real Estate Company Limited sign up a pact to establish a benchmark co-working space in Greater Bay Area, China

Ucommune, International Limited, a leading agile office space manager and provider in Greater Bay Area China, signed a cooperation pact with Zhuhai Gree Real Estate Company Limited, a subsidiary of Zhuhai Gree Group for a coworking project termed “Gechuang Zhixing Ucommune”, located at the Yuhai World Financial Centre workspace in Zhuhai, China. By repositioning, designing, and upgrading the space, Ucommune and Zhuhai Gree Real Estate Company Limited. would leverage their strategic benefits and resources to cooperatively establish a benchmark project of coworking space.

As per the pact, the cooperation period would extend from October 01, 2022, to December 31, 2027, with the renovation phase commencing from October 01, 2022, to December 31, 2022. The facility would commence its operations on January 01, 2023.

Dr. Daqing Mao, founder of Ucommune said that the company is pleased to announce the cooperation pact attained with Zhuhai Gree Real Estate Co., Limited. Mao added that the company considers this project could be realized as a validated sample for those working facilities offered to start-ups who insist on agile industrial linkage.

Ucommune strives towards establishing a benchmark project for coworking space

Positioned in the core gateway area of the Guangdong-Hong Kong-Macao Greater Bay Area, the Project is accessible within 5 kilometers of various transportation hubs in the city comprising Gongbei Port, Jiuzhou Port and Hong Kong-Zhuhai-Macao Bridge.

With a construction area of approximately 1,970 square meters, the Project is expected to become a landmark in the Xiangzhou area combining financial services, technological innovation, and modern headquarters and corporate offices. Ucommune considers this Project would promote the premium development of Zhuhai’s industry-first strategy and become a benchmark coworking space that can radiate to the Guangdong-Hong Kong-Macao Greater Bay Area. The Company plans to build the Project with 5A office building standards to cater to the diverse needs of enterprises.

A new-found service model integrating industry capacity and coworking space

The Project is anticipated to complete the overall upgrade and refurbishment in the first quarter of 2023, creating a new-found service model integrating industry capacity and coworking space with a spatial design emphasizing the linkage between the administrative working area and the supply chain facility positioned for new industries and associated enterprises presented by Zhuhai’s “industry first” strategy. Operational facilities and communications space would be offered to the enterprises settled in the Project, consisting of administrative offices, business negotiation areas, corporate display billboards, and so on.

By participating in the Project, settled enterprises will have the right to use common corporate services such as advertising, human resources, corporate publicity, IT solution, and legal services, which would overall lower the enterprise’s operational costs and allow them to expand swiftly in Zhuhai. Upon completion, the Project can accommodate over 60 start-ups concurrently.

Collaborate to improve the overall efficiency of property management

As a subsidiary of Gree Group, Zhuhai Gree Real Estate Co., Ltd. has built its strong point in asset operations, property management, urban services, and park facilities management.

Ucommune and Zhuhai Gree Real Estate Company Limited. anticipate in conjunction with building a digital intelligent platform to complete a closed loop of property management ecosystem from offline to online, connecting the physical community to the digital system to enhance the overall project operation effectiveness. A food court and a cafe will also be installed in this project, aiming for the concurrent expansion of a number of business models.

In the forthcoming years, the project would collaborate with the three major strategic regions of the Guangdong-Hong Kong-Macao Greater Bay Area, that is Guangzhou Nansha, Shenzhen Qianhai, and Zhuhai Hengqin, and leverage brand value and digital resources to allow exceptional, multidimensional, and finest operational amenities.

About Ucommune International Limited

 Ucommune is the leading provider and agile office space manager in China. Established in 2015, Ucommune has designed an extensive intelligent agile office environment covering economically vibrant regions across China to empower its members with cost-efficient and flexible office space solutions. Ucommune’s various offline agile office space services consist of self-operated models as well as asset-light models, such as U Partner and U brand, U Design, U space, and U Studio.

By utilizing its expertise in the retail industries and real estate sectors, Ucommune operates its agile office spaces with high efficiency and employs the urban revolution of under-utilized and big buildings to redefine commercial real estate in China.

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