Smartworks Acquires WorkStudio Spaces Pte. Ltd. in Singapore

Smartworks Coworking Spaces Ltd. announced its wholly-owned subsidiary, Smartworks Space Pte. Ltd., will acquire WorkStudio Spaces Pte. Ltd. in Singapore. This strategic acquisition aims to expand Smartworks' coworking and flex space portfolio in Singapore, a key international business hub. The deal is expected to add approximately 26,000 sq ft of capacity, bringing Smartworks' total footprint in Singapore to around 76,000 sq ft across four centers. The acquisition is projected to be completed by July 2026, subject to necessary approvals. This move is intended to strengthen Smartworks' market presence in Asia and support long-term growth.