China-based space rental provider Coming Space has raised RMB200m ($29.4m) in a series B round led by jewellery, real estate and manufacturing conglomerate Neoglory Holdings Group, China Money Network reported yesterday.
Coming Space leases apartment, hotel, co-working, café and incubator spaces across tier-one and tier-two cities in China, such as Nanjing, Shanghai, Hangzhou and Suzhou.
The company claims to manage properties worth over RMB10bn in total. Its future intentions include international expansion in order to provide rental services in UK, Japan and Singapore.
Other plans include the provision of additional services connected to living, working, entertainment, social activities and financial services, according to China Money Network.
Coming Space, which was founded in 2010, has not made details of its earlier funding publicly available.