While this Reuters article pokes at a few concerns around WeWork India‘s IPO it also highlights two interesting things we thought you might find interesting.

First, the terms of the independent Indian network negotiated with the global brand (who is minority shareholder, alongside Embassy Groups 74%) – a 2.84% rev share as a management fee. And second, The Executive Center is also preparing to list and Smartworks recently went public in the region.

And yes, we need to split the WeWork and WeWork India coworking profiles on TWIC. We’re on it.

The Executive Center have come a long way since their first center opened in Hong Kong in 1994. Congrats to the whole team and TEC community!

Chelsea Perino shares her unique journey from member to MD of global marketing and comms at 180-location The Executive Center with Jamie and Gio on the Flex Uncensored podcast.

Nikkei Asia reported that the weak commercial property market in Hong Kong was actually squeezing out coworking operators as firms who’d traditionally use flex space could get better deals on leases for traditional office space.

With notes around The Great Room closing a flagship and The Executive Center no planning any new locations in HK – it’s worth noting that troubled office markets in other cities could see similar shifts away from flex to cheaper long-term office space.