The JV called JustCo DK (Japan) Co will be 51% owned by Daito Trust and 49% owned by JustCo.
(Nov 28): JustCo Holdings, the Singapore-based co-working space start-up, is getting some US$50 million ($68.3 million) in investments from Daito Trust Construction Co, the Japan-listed building and property firm.
In addition, Daito Trust will invest up to an additional JPY 2.65 billion ($33.1 million) to form a new Japan joint venture with JustCo to build and operate flexible workspace business in Japan which is seeing fast-growing demand in key cities such as Tokyo.
