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Chinese real estate firm’s bold move

Chinese real estate firm’s bold move.
Chinese real estate firm’s bold move.
SOHO China, one of China’s top real estate companies has come up with what it calls the Uber For Offices.
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China’s steady but slowing economy has made most real estate companies create innovative ideas to stay ahead.

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SOHO China, one of China’s top real estate companies has come up with what it calls the Uber For Offices.

This unique concept, will give tenants the opportunity to use office spaces and pay as they go. Office leases can run for a week or more.

The Co-founder and CEO SOHO China, Zhang Xin, "From conceptualising the idea to launching 3Q, it took us 4.5 months to open one in Shanghai and one in Beijing. Both filled up immediately.”

Speaking to CNBC about China’s economy, she said, 'You can't run your company on these arbitrage opportunities. I think about what would be my long term, sustainable capital source and still getting access to international capital markets is important.'

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Adding that 'China is a market that has a lot of short-term temptations and this is where entrepreneurs easily fall - short-term success but something that doesn't give you the long-term future. Remember that you're in this for your life, not for tomorrow.'

Xin  is one of Forbes' 100 Most Powerful Women in the World, and top 25 Powerful Chinese Women in Business for two years running.

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