For immediate release, Hong Kong, 11th July ’17 – Campfire Collaborative Spaces, a leading co-working operator, announces the opening of 7 upcoming sites in Hong Kong, Australia, Singapore, and United Kingdom. Besides co-working, Campfire is also entering the co-living and co-learning arena.
This announcement comes just 2 months after Campfire secured $6M USD in their first seed round. By end 2017, Campfire will have 7 industry-focused co-working, 1 co-living, and 1 co-learning sites in 4 countries. With real estate at a premium in most major cities worldwide, Campfire provides reliable and flexible sites to maximise utilisation.
Currently, operating 2 industry focused workspaces in Hong Kong (Kennedy Town – Tech and Wong Chuk Hang – Fashion), Campfire was designed to provide every tools and services possible for members to grow. Campfire was conceptualized as a place where like-minded entrepreneurs can gather to share their experiences and work together.
“One of Campfire’s key strategies is to expand rapidly in the highly fragmented co-working industry,” says Wang Tse, Co-founder and CEO of Campfire. “Our current sites are operating near 100% occupancy and thus proven our industry-focused concept to be a success. Hence, it is time for us to branch out to other industries and countries”
Campfire encourages its members to connect, create, and collaborate through industry-specific facilities, relevant events, and vibrant communities. The upcoming site targeting Media Production will have a screening room, kitchen studio, green-screen room, and more for a one-stop location for shoots. The Interior Design and Architecture site will have a massive materials library with a librarian so designers and decorators can easily access any samples for projects. The Marketing site will be purpose built to help small and medium agencies to scale rapidly.
After Hong Kong, Campfire will be bringing its unique industry-focused co-working experience to Sydney, London, and Singapore. Campfire chose these three locations as they are mature co-working markets and getting great value on the sites in these markets. This international expansion allows Campfire to have a global reach with a focus on Asia Pacific.
Besides co-working, Campfire also has plans for work-life integration by expanding into co-living and co-learning. By getting designer furnishings in 100sqf of private space and 5,000sqf of public space, co-living will see 40% cost savings for members (as compared with rental for 380sqf of private space). Co-living also provides free additional services like Wi-Fi, events, security, and more that isn’t included with traditional rental properties.
Co-learning is a brand new concept of collaborative spaces for the education industry, where education organizations take turns using the site for their needs. At Campfire’s new site in Tseun Kwan O, there will be a day-care with co-working spaces adjacent to it so parents can drop off their kids and go straight to work. There will also be a large multi-purpose area for tuition centres, training, and other schools. Also, there will be a café on-site serving refreshments.
The goal is to create an all-inclusive network where with one Campfire membership, tenants and members will be able to benefit from utilizing luxurious shared spaces with cost-savings and improved efficiencies. The future of Campfire will see it expand to over 60 sites with 30,000 members by 2020.
“Campfire’s mission is to help its members find the collaborative spark. By creating a dedicated co-working / co-living / co-learning operator, it will lead to the generation of amazing ideas, collaboration of businesses and a more accessible opportunity to scale globally,” says Albert Fung, Co-founder and Chairman of Campfire.
Current Campfire Sites:
Campfire Social (Kennedy Town)
4/F, Cheung Hing Industrial Building,
12P Smithfield, Kennedy Town
Campfire Creative (Wong Chuk Hang)
5/F, Remex Centre,
42 Wong Chuk Hang Road, Hong Kong
Wong Chuk Hang, Hong Kong
Campfire Design and Build
Quarry Bay, Hong Kong
Tai Koo, Hong Kong
Sham Shui Po, Hong Kong
Tsuen Kwang O, Hong Kong
Albert Fung is a Co-Founder and Chairman of Campfire Collaborative Spaces. Through strategic investments and acquisitions, Albert has been re-imaging ways that property in Hong Kong can be refocused for multi-functional uses. He currently oversees all financing and expansions at Campfire.
Wang Tse is a Co-Founder and CEO of Campfire Collaborative Spaces. Being an entrepreneur at an early age, he has established himself within various industries such as property, jewelry, and F&B. He currently oversees the overall creative and strategic expansion of Campfire.