Bringing APAC locations, previously operating as The Great Room, into the Industrious global network for the first time, including a new Hong Kong location, as the company expands in APAC
HONG KONG SAR - Media OutReach Newswire - 18 June 2026 - Industrious, the world's best flexible workplace experience company, today announced it is unifying its Asia-Pacific (APAC) locations across Singapore, Hong Kong, Bangkok, and Sydney under the Industrious brand, effective July 1, 2026. Following its acquisition of The Great Room in May 2022, this marks the first time Industrious is bringing its APAC locations, previously operating as The Great Room, under one name. In the years since, the two brands have been integrating across operations, design, technology, and systems, making this a natural next step, and a clear signal of where Industrious is headed in the region.
The transition reflects growing enterprise demand for globally connected, hospitality-driven workplace experiences, and comes as Industrious continues to expand its global footprint. Since CBRE's full acquisition of Industrious in 2025, the company has grown its global portfolio by 58% and plans to open 60+ new locations worldwide in 2026.
APAC is central to Industrious's next chapter. Over the next 12 months, the company plans to grow its regional footprint by over 50%, backed by a projected 10 new signings in APAC in 2026. This expansion includes five premium new locations this year: The Chelsea in Hong Kong, Keppel South Central, Shaw Tower and Stamford Place in Singapore, One Elizabeth Street in Sydney. These locations deepen the company's presence in some of the region's most sought-after commercial districts and underscores its long-term commitment to APAC.
"Industrious is in a period of significant growth, and this rebrand reflects that momentum," said Gentry Long, President of Industrious. "Establishing a single global brand unifies our team and members around the core values that have always defined us: premium hospitality, beautiful design, and a true sense of belonging. This next chapter ensures a seamless, mission-driven experience for our community worldwide."
"At the core, The Great Room and Industrious share the same belief that work should feel human," said Su Anne Mi, CEO of The Great Room and Managing Director, Industrious APAC. "That philosophy is what defined The Great Room across APAC, and it carries forward under the Industrious brand. Being part of a truly global network amplifies what we can offer our members and partners, and we're excited about what that means for the region."
Hashtag: #Industrious #workplace
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ABOUT INDUSTRIOUS
Industrious is the world's leading workplace experience company. We make workplaces welcoming, empowering, and delightful, and create enriching experiences for individuals and teams of all sizes. Our flexible offerings include dedicated offices, turnkey private suites, and on-demand access to coworking and meeting spaces. Landlords and occupiers partner with Industrious to activate whole buildings, streamline operations, and elevate amenities. Acquired by CBRE Group, Inc. (NYSE: CBRE) in 2025 and founded in 2012, Industrious now operates more than 250 flexible workspaces across 80+ cities, including many of the world's most iconic properties. For more information, visit industriousoffice.com.
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HONG KONG SAR - Media OutReach Newswire - 18 June 2026 - Hong Kong jumped one place to become the world's second most competitive economy, according to the 2026 World Competitiveness Ranking published today (June 18) by the Swiss-based International Institute for Management Development (IMD). It is Hong Kong's highest ranking since 2019, and builds on three consecutive years of improvement.
Welcoming the report, a spokesperson for the Hong Kong Special Administrative Region (HKSAR) Government said, "The World Competitiveness Yearbook (WCY) 2026 reaffirms Hong Kong as one of the most competitive economies in the world, and notes that Hong Kong's rise to second sustains the strong upward trajectory from 2024 and 2025."
Hong Kong ranks No.2 globally in 2026 IMD World Competitiveness Ranking
In announcing the results, the IMD noted that, amid rising geopolitical tensions, competitive advantage hinges on credible institutions, predictable rules, enforceable commitments and public trust.
According to WCY 2026, Hong Kong's rise reflects sustained performance across the four competitiveness factors measured. Among these factors, Hong Kong ranks second in "Government efficiency" and third in "Business efficiency". "Infrastructure" and "Economic performance" rank eighth and 11th respectively.
As regards the various competitiveness sub-factors, Hong Kong tops the rankings in "Tax policy" and "Business legislation", ranks second in "Finance", third in "International trade", "International investment", "Management practices" and "Education", and fourth in "Public finance" and "Basic infrastructure".
"In the competitiveness factor 'Government efficiency', Hong Kong continues to rank second globally, reflecting the HKSAR Government's ongoing efforts to promote free and open, stable, predictable and business-friendly economic policies, as well as the international community's trust in Hong Kong's legal and regulatory environment," the spokesperson said.
"Hong Kong's 'Business efficiency' is ranked third globally, reflecting the strong support for industry development rendered by our robust financial ecosystem, as well as the seamless alignment of the city's business practices and environment with international best standards."
Hong Kong has become a "value hub" that offers both security and growth opportunities
Amid rapidly evolving geopolitical dynamics, Hong Kong, with its close connectivity to both the Chinese Mainland and the world under the "one country, two systems" principle, and its sound institutions, open markets and sustained investments in innovation, has become a "value hub" that offers both security and growth opportunities.
In fact, Hong Kong continues to excel in various international rankings including those for economy, finance, and talent. The International Monetary Fund has also given positive recognition to Hong Kong in recent months, and major credit rating agencies have successively reaffirmed Hong Kong's credit ratings and 'stable' outlook.
"All these echo the WCY 2026 results," the spokesperson said.
Currently, Hong Kong is formulating at full speed its first Five-Year Plan, to proactively align with the National 15th Five-Year Plan.
"With the staunch support of our country, the HKSAR Government will work together with all sectors of society to strengthen our role and function as a 'super connector' and 'super value-adder', with a view to better integrating into and serving the overall national development, achieving our own high-quality development, creating more new room for development for our people and businesses, as well as opening up new opportunities for global investors and enterprises," the spokesperson said.
Hashtag: #HongKong #BrandHongKong #Global #Competitiveness
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