Equity Firm Takes Controlling Stake In WeWork China
Shanghai-based growth equity firm Trustbridge Partners has invested $200 million into WeWork China, giving it a controlling stake in the coworking company.
Shanghai-based growth equity firm Trustbridge Partners has invested $200 million into WeWork China, giving it a controlling stake in the coworking company.
Cushman & Wakefield has predicted that office occupancy levels may not return to pre-pandemic levels until 2025, but that the market is expected to make a full recovery.
Millions of people rejoiced when they realized an unprecedented pandemic meant working from home, but soon workers started suffering from burnout due to overworking.
After England reversed its reopening strategies following a spike in COVID-19 cases, office operators are finding new ways to provide a safe work environment for workers.
Industrious has revealed new expansion plans for the Tampa Bay area, where it will open three new locations as demand for safe flexible workspaces continues to grow.
New research from IWG has revealed that most Brit workers want to return to the office, without long commutes, which has led to a growth in demand for suburban offices.
London-based flexible office firm The Office Group has signed major deals with multiple large corporations, including BP, as demand for flexibility continues to grow.
Although analysts have predicted that the coworking industry will continue to see challenges in the future, an opportunity to serve suburban areas could be incoming.
Asia Pacific has been the first region of the world to nearly fully integrate technologies that make the office safer, such as touchless devices and disinfecting systems.
Sundar Pichai, CEO of Google’s parent company Alphabet, has revealed that the company will experiment with hybrid work arrangements to meet the needs of its employees.
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