Orlando, FL (September 7, 2022) – Avalon Park Group and sitEX International, “APG”, announced that The 5th Floor is adding to their global presence with an expansion to Kuala Lumpur, the capital of Malaysia. The 1,400 sf workspace will be located at D7 Sentul, a charming and vibrant space in the heart of Kuala Lumpur.
This marks the fourth location of The 5th Floor brand over the last two years. The first location opened in 2020 in Basel, Switzerland and two others, Orlando, Florida, and San Juan, Puerto Rico, opened up in 2021.
“The growth of Sentul in Kuala Lumpur over the past few years reflects Launchpad and The 5th Floor’s philosophy of bringing fresh eyes to conventional approaches, while still respecting the foundations that have been laid,” says Ravi Kumar, Partner of Launchpad and Executive Director of The 5th Floor Malaysia. “With historic buildings like the Sentul Depot across the road, and the MSC Malaysia Cybercentre Zone next door, this location is truly the intersection of history and innovation. Choosing D7 Sentul as the home of The 5th Floor allows us to celebrate Malaysia’s past and future, and pushes forward our vision for the country and Asia Pacific as a whole.”
The D7 building is a project by YTL Group that offers retail and office spaces, as well as trendy cafes throughout. The 5th Floor Malaysia will bring creative, innovative ideas to the area. Members have access to a business hub environment that includes private offices, dedicated desks, multiple hot desks, unlimited virtual offices, conference rooms, presentation and event rooms, and your very own business mail address.
“The expansion to Malaysia is the beginning of our deepening focus on the Southeast Asian region. We see it as a key growth area as supply chains continue to diversify,” says Beat Kahli, President and CEO of Avalon Park Group/sitEX. “Expanding The 5th Floor to Malaysia will allow for our members to thrive in a growing environment as well as make global connections.”
This new location is set to open by October 24, 2022.
For more information on The 5th Floor, visit the5thfloor.com.
About Avalon Park Group
Avalon Park Group is a uniquely diversified family of companies engaged in businesses ranging from master-planned community development to health care services, mining, and property management, in Florida, Texas, and Switzerland. With more than $1 billion in total assets, Avalon Park Group combines its exceptional reputation, sound business experience, and significant financial resources to invest in extraordinary opportunities. At Avalon Park Group, our mission is to change the way the world lives, learns, works, and plays by creating healthy sustainable communities and every aspect thereof. For more information on Avalon Park Group, visit www.AvalonParkGroup.com or call 407-658-6565.