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Business deals

Flexible workplaces: KKR bets on Asians to return to shared offices

Investment firm teams with Singapore's Tiga to acquire Hong Kong's Executive Centre

The Executive Centre operates more than 150 office and conference spaces in 32 cities. (Image courtesy of the company)
TAKESHI KIHARA, Nikkei staff writer | Hong Kong

HONG KONG -- A consortium led by U.S. investment firm Kohlberg Kravis Roberts and Singapore's Tiga Investments has announced the acquisition of Hong Kong coworking-space operator The Executive Centre, eyeing demand after COVID-19 is brought under control.

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