News

For the first time in years, real estate prices in the San Francisco Bay Area have been dropping likely due tech workers leaving the region for more affordable areas.

The flexible office industry has been stuck in limbo for the past several months, but large operators are preparing for an increase in flex space demand in the coming months.

Japanese conglomerate SoftBank has committed $1.1 billion to WeWork, adding to its nearly $10 billion in financing the firm has invested into the coworking company.

Database real estate firm Zillow announced it will be allowing workers to work remotely for good, but the former small startup was not always keen on this arrangement.

Several businesses are in the process of creating post-pandemic strategy plans and are considering whether to continue working remotely or come back to the office.

In the second quarter of 2020, WeWork saw its memberships dip from 693,000 in the first quarter to 612,000, but also had a 9% year-on-year revenue increase.

Department Casino will be transforming the former Alea Casino at Leeds Dock into a new coworking and wellness space, which is expected to open in the spring of next year.

As organizations all over the world have adjusted to flexible and remote working arrangements, what can the workforce expect to come next for the future of the workplace?

CBRE has announced that it will expand its location in Midtown Manhattan in the MetLife Building, bringing its total footprint in the building to 215,000 square feet.

As companies globally contemplate whether to continue operating remotely or to bring workers back into the office, firms should look into purpose-built workspaces.