News

WeWork’s IPO prospectus showed that it allots half of the 8-to-10 square meters per person suggested by the BCO, allowing them to fill their spaces more than other firms.

New York-based Knotel, one of WeWork’s rivals, has reached unicorn status after closing in on a $400 million funding round that brought its valuation to $1.3 billion.

Spaces, the coworking brand of global serviced office company IWG Plc, is set to open four new locations throughout North Texas over the next 6 months.

RDI REIT, a UK-based real estate investment trust, has refinanced its London serviced office portfolio in a £75 million deal.

The coworking and flexible office space market in Prague, Czech Republic, has grown by 150% since 2017.

Scott Galloway analyzed and slammed WeWork’s recently published S-1.

India-based coworking space operator, Spring House Coworking, has leased 21,000 square feet of space on Gurugram’s Golf Course Extension Road.

Chiswick Park has revealed its membership-based coworking space Venture X is to open its first European office in London.

As WeWork’s initial public offering quickly approaches, many analysts and investors are bringing comparisons to IWG, who went public two decades ago, to the forefront.

WeWork is claiming tax breaks in Britain meant for small businesses by dividing its properties into hereditaments, which are then separately assessed for tax purposes.