Singapore Medical Group and Aurum Land Pte Ltd. have signed a joint venture agreement to introduce Singapore's first medical coworking space. For years, Aurum has run the renowned Core Collective, a coworking platform for fitness, wellness and lifestyle practitioners. The platform provides best-in-class facilities such as treatment and consultation rooms, exercise studios and gym facilities, as well as backend support services, for these practitioners to accelerate their entrepreneurial journeys. Across two locations in Anson Road and Dempsey, Core Collective has amassed a network of over 80 wellness professionals including physiotherapists, chiropractors, counselling, nutrition, TCM, occupational therapy and aesthetics practitioners and allied health professionals, amongst others. Over 70 personal trainers use its facilities along with 21,500 members. The partnership will also tap on SMG's growing specialist pool of more than 50 specialists spread out across 45 clinics in Singapore which cover a network of 25 medical specialties. Leveraging on SMG's extensive medical specialist network, operational know-how and the Core Collective brand, the joint venture will introduce Core Clinic, a new and innovative medical coworking concept targeting specialist healthcare practitioners. Pursuant to the agreement, Core Clinic aims to provide cost-effective and flexible medical coworking spaces for medical specialists to gain greater access to facilities and patients in a prime location. Furthermore, doctors who utilise Core Clinic will benefit from an experienced medical concierge backed by SMG's 24-hour call centre, joint marketing efforts and opportunities for networking and collaboration with top allied health and fitness professionals. This new concept will effectively create an ecosystem which will drive synergies and cross-collaboration opportunities between medical doctors and Core Collective's network of allied health, fitness and wellness practitioners with a vision to deliver the best service and results for customers, all under one roof. Spanning approximately 7,000 square feet, the new Core Collective site which will house Core Clinic will be located at Katong i12 Mall along Singapore's East Coast Road. This third Core Collective site is expected to open in March 2022.