News

In its early days, coworking offered an appealing product to startups and small businesses, but now more corporations are seeing the benefits of these shared offices.

Jeff Reinstein, CEO of Premier Workspaces, shares his insights and opinions on WeWork’s business model, upcoming initial public offering, and how his company compares.

WeWork’s IPO prospectus showed that co-founders Adam and Rebekah Neumann will commit $1 billion to charity over the next 10 years, or lose half of their voting rights.

Japanese railway operator JR East has opened a 13,000 square foot coworking space in Singapore in hopes that Japanese companies will become more localized in the area.

Smartworks is aiming to raise up to $40 million in debt and equity by March of 2020 for revenue and portfolio increase according to its managing director Neetish Sarda.

Architecture firm Gensler and office furniture brand Fantoni have teamed up to create the Atelier system, a line of furniture that supports adaptability in the workplace.

As WeWork’s IPO quickly approaches, the company’s financials have left investors and analysts scratching their heads as their losses continue to climb at a worrying rate.

IWG could become WeWork’s publicly traded competitor as reports reveal CEO Mark Dixon is in talks with investment banks about a standalone U.S. franchise company.

Coworking firm Industrious has received $80 million in funding from several prominent investors, indicating that backers are more finding alternative solutions to WeWork.

While there are uncertainties about the economy and WeWork’s upcoming IPO, executives at many flexible office firms, such as Convene and IWG, are confident in the sector.