Ucommune Locks In U.S. Bank To Underwrite IPO
Beijing-based flexible office provider Ucommune has enlisted the help of New York-based brokerage firm Benchmark to help underwrite its upcoming initial public offering.
Beijing-based flexible office provider Ucommune has enlisted the help of New York-based brokerage firm Benchmark to help underwrite its upcoming initial public offering.
Today’s workforce expects more from their employer than just pay with a few benefits — they want a workplace that encourages, values and nurtures their well-being.
Office Evolution’s third Houston location will open in May in the city’s Energy Corridor and take up 12,113 square feet, 60% bigger than the company’s average size.
Chicago-based company Novel Coworking has acquired a 17-story, 165,649 square foot building in Albany, marking its very first location in the state of New York.
Novel Coworking has opened its first Milwaukee location, as well as its second in Wisconsin, in a 69,000 square foot building near the city’s Central Business District.
Many think of remote working as getting work done from the relaxation of a beach, but its positive impact on community and workers outweighs this pseudo-lavish lifestyle.
WeWork’s biggest rival in China Ucommune is gearing up to go public on the New York Stock Exchange, despite having sharing similar criticisms that WeWork had months ago.
A survey from reviews platform Clutch found that 77% of respondents were happy with their coworking environment thanks to its collaborative, community-driven atmosphere.
Coworking companies across the country have aimed to create inclusive communities for people of color, who have largely been ignored across the coworking landscape.
Although WeWork had a record year in 2019 in terms of square footage growth, this continued expansion for the unprofitable, troubled company may come back to bite it.
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