R ONE Space Causeway Bay Opens Today

Provides “Butler Services” to assist tenants with
professional support
Monthly rental starts at HKD5,500 per seat

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HONG KONG, CHINA - Media OutReach - October 5, 2018 - R ONE Space (Royal One Co-working Space Company Limited), a ground-breaking co-working space brand in Hong Kong,
officially opened its first office space in Causeway Bay. With the iconic
Victoria Harbour as its backdrop, the centre aims to attract international
companies that are opening branches or temporary project teams in Hong Kong. R ONE Space targets start-ups in new
technology or creative media sectors, with freeman seat’s monthly rent starting
from HKD5,500 or chamber office from HKD9,000 per seat. The brand plans to
expand its network to 4 offices in Hong Kong by the end of 2018, to provide a
more comprehensive option to the co-working space scene. Mr. Chan Yan Tak, R ONE Space
Founder & Chairman, and the renowned actor Mr.
Miu Kiu Wai Michael officiated the
Opening Ceremony today. Mr. Chan also holds the positions
of Chairman and CEO of Shunten
International (Holdings) Limited (HKEx: 932, formerly known as RM Group
Holdings Limited).

 

The Causeway Bay centre takes up a
gross floor area of approximately 16,000 sq. ft. and currently offers up to 210
seats. The space comes with 32 chamber offices, which can be divided and
repurposed according to customers’ requirement, with flexible lease period as
short as 1 month. Conveniently located in the heart of Causeway Bay with a
stunning view, the centre also offers a corporate
event venue that rivals hotel event spaces, which has a capacity of over 100 people
and is a great tool to enhance tenants’ brand image.

 

The brand’s second co-working
space, located in Kwun Tong, will soon open its doors in November. The
three-storey shared space aims to provide a one-stop creative technology
platform for young entrepreneurs. With a gross floor area of approximately
26,000 sq. ft., the Kwun Tong centre is expected to provide 94 chamber offices
or 470 seats. To echo its theme as a creative hub, the centre will be equipped
with a 3D printer to enhance creativity and aid tenants in design, jewelry and
engineering industries. 

 

R
ONE Space provides
“butler services” for its tenants, including professional assistance such as
accounting service, legal advice and advertising strategies. On site
consultants will provide professional and complimentary assistance to tenants
to help resolve their questions on business. In
addition, R ONE Space has set up an
angel fund designed to invest in innovative ideas and cutting-edge
technologies. It also plans to collaborate with universities to organize
entrepreneurial competitions and provide a practical venue to nurture young
entrepreneurs, hence help promote the development of innovative technologies in
Hong Kong.

 

Mr.
Chan Yan Tak, R ONE Space Founder & Chairman, said “The number of start-ups and
local branches of international enterprises in Hong Kong is increasing every
year, which results in a strong demand for quality and flexible office spaces.
The presence of co-working spaces not only reduces the threshold of office
set-up, but also provides diversified value-added services. The co-working
space market is believed to grow steadily in the long term. In stage 1 of our expansion plan, the investment amount is at least HKD200 million, and the rental rate
is targeted to reach 50% in the first three months. As long as the brand gets
mature, it would enter mainland market in stage 2.”

 

About R ONE Space

R
ONE Space is a ground-breaking co-working space brand in Hong Kong. The
Group’s first two centres, located in Causeway Bay and Kwun Tong — two of
the major Grade-A office districts, opened their doors in Oct 2018. The Group
aims to provide “butler services” for its tenants, including professional
assistance such as accounting service, legal advice and advertising strategies,
with a reciprocal ecosystem and shared business opportunities. The Group plans
to expand its network to 4 offices in Hong Kong by the end of 2018, to provide
a more comprehensive option to the co-working space scene.

 

With
the iconic Victoria Harbour as its backdrop, R ONE Space in Causeway
Bay offers a corporate event venue that rivals hotel event spaces. The venue
has a capacity of over 100 people and is a great tool to enhance tenants’ brand
image. R ONE Space in Kwun Tong, located in the creative and cultural
hub in East Kowloon, provides a one-stop creative technology platform for young
entrepreneurs.