Ucommune Signs Cooperation Agreement for Asset-light Project at Beijing Asia Financial Center
BEIJING, July 30, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider in China, today announced that it has signed a cooperation agreement with Beijing Investment Group Co., LTD ("Beijing Investment Group"), a wholly state-owned land developer affiliated to Beijing government, to develop an asset-light project (the "Project") at the Beijing Asia Financial Center, an upscale and well-known office building in the Chaoyang District of Beijing.
- BEIJING, July 30, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider in China, today announced that it has signed a cooperation agreement with Beijing Investment Group Co., LTD ("Beijing Investment Group"), a wholly state-owned land developer affiliated to Beijing government, to develop an asset-light project (the "Project") at the Beijing Asia Financial Center, an upscale and well-known office building in the Chaoyang District of Beijing.
- The Project has an area of 6,141.98 square meters and 576 workstations and is one of Ucommune's flagship projects in Beijing.
- Beijing Investment Group currently operates the Asia Financial Center and previously invested in the design and construction of the center.
- General Manager of Asia Financial Center commented, "We plan to fully utilize Ucommune's professional marketing team, brand awareness, and operational capabilities through this cooperation.