Ucommune Announces Development Of A 30,688-Square-meter Asset-light Project In Datong As Part Of Its City Partner Program [TheStreet.com]
Ucommune International Ltd - Ordinary Shares (UK)
US:NASDAQ Investor Relations:
reconstructioncapital2.com/announcements.html
Company Research
Source: TheStreet.com
BEIJING, Dec. 7, 2021 /PRNewswire/ -- Ucommune International Ltd. ( ) ("Ucommune" or the "Company"), a leading agile office space manager and provider in China, today announced that the Company will develop another asset-light co-working project. The project is located in Datong, Shanxi Province and will have 1,500 workstations in a managed area of 30,688 square meters. The "Datong Young Entrepreneurs Village - Ucommune" co-working project (the "Project") is one of Ucommune's flagship projects under its asset-light business model. The Company will provide a broad range of managed services to its landlord partner, including design, decoration, marketing, smart management systems, community events, and value-added services for tenants. Ucommune's standardized operating model will allow its landlord partner to better utilize its idle land assets, thereby unlocking and generating greater value. The Project is currently under construction and is expected to be completed in April, 2022, en
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