FastFive Attracts Overseas University Campuses to Shared Offices

MOU for Establishing a Global Campus with Arizona University, USA

[Asia Economy Reporter Kim Cheol-hyun] FastFive (CEO Kim Dae-il) announced on the 21st that it has signed an MOU to establish a global campus with the University of Arizona in the United States.

Through this agreement, FastFive will participate in organizing the 'Global Campus Program,' which allows students to earn degrees from the University of Arizona while staying in Korea. It has agreed to provide FastFive's spaces and services to University of Arizona students participating in this program.

The University of Arizona's Global Campus Program is an educational course that enables students to obtain accredited U.S. undergraduate and graduate degrees without leaving Korea. The tuition fee includes online classes taught by the University of Arizona's top faculty and the cost of using FastFive's spaces and services.

University of Arizona students can safely use high-speed internet and various amenities at FastFive's spaces, allowing them to focus on their studies. FastFive, which provides a business platform to companies of various sizes, plans to offer students various programs to develop their careers, including networking and collaboration opportunities with industry professionals.

Kim Dae-il, CEO of FastFive, said, "Since FastFive has 26 branches throughout Seoul, we can offer multipurpose spaces more flexibly," adding, "We expect more partnerships like this to emerge."

Meanwhile, FastFive, established in 2015, has led the growth of the domestic shared office industry with an average annual sales growth of 157%. Last year, when sales more than doubled compared to the previous year to reach 42.5 billion KRW, it ranked first in the industry in terms of number of branches, members, and vacancy rates.

This content was produced with the assistance of AI translation services.