Reports find that Cushman & Wakefield will invest $150 million into WeWork if the coworking company is able to follow through with its most recent attempt to go public.
The discussion about an investment derived from a partnership that began between the two companies last August, where they discussed a potential, but not concrete investment.
A Cushman & Wakefield spokesman said that the firm was satisfied with WeWork’s partnership, but did not specifically comment on the investment.
“The partnership we announced with Cushman & Wakefield in August is a testament to WeWork’s long-term value proposition and we remain incredibly excited about the opportunities that lie ahead as we team up with one of the leading real estate firms in the world,” WeWork said in a statement.
