Tag: daily_digest

After Harvest Properties hit pause on a deal with WeWork for office space in San Jose, other REITs may follow suit due to increased risk the coworking firm is carrying.

After weeks of making headlines, WeWork has announced it has withdrawn its IPO filing to focus on building up the core of its business, according to its new co-CEOS.

One of New York City’s most well-recognized landlords, the Durst Organization, is expected to launch, “Durst Ready”, its own flexible workspace operation, next week.

Masayoshi Son of SoftBank has enlisted the help of former Sprint CEO Marcelo Claure to help clean up WeWork after delaying its anticipated initial public offering.

When worrying details of WeWork’s S-1 filing came to light, its financial losses, business practices and Neumann’s behavior have led the firm into unfamiliar territory.

The Instant Group report titled ‘UK Market Summary: Flex is Leading the Way’ found that flexible spaces took up over a third of London’s commercial property transactions.

The yield on WeWork’s bonds soared above 10% and saw its 7.875% bonds due 2025 fall 3.25 cents on the dollar to 87.75 cents after the firm’s credit rating was ...

One of WeWork’s biggest rivals Knotel has expanded in London with an additional 140,000 square feet, bringing its total footprint in the city to 360,000 square feet.

Desana is a subscription-based app that allows users to access a variety of coworking spaces across the U.K., which is useful for workers looking for more freedom.

WeWork will sell its luxurious Gulfstream G650 jet that former CEO Adam Neumann used for global travel, which was the backdrop of some of the co-founder’s wild behavior.