Tag: daily_digest

Ahead of WeWork’s initial public offering, analysts are left wondering how the coworking operator can claim to be a technology company rather than a real estate company.

Hotel lobbies have always offered a work space for travelers, but now many hotels are incorporating true coworking spaces to ensure workers have the amenities they need.

IWG revealed it will continue to expand its franchises for its various flex office brands in Singapore and Greater China through partners rather than master franchises.

The We Company has filed its IPO paperwork, and commercial real estate analysts are combing through to find any inkling that could determine the outcome of the offering.

WeWork’s IPO paperwork reveals the specifics of its finances and could point to which investors will benefit the most from a successful initial public offering.

As more remote workers enter the workforce, flexible offices are entering into other sectors of real estate, such as shopping centers, to appeal to a wider audience.

WeWork’s investments into its Southeast Asia and South Korea joint venture with SoftBank, PacificCo, will reach $1 billion by 2020 based on the companies’ agreement.

WeWork filed paperwork detailing its finances for its initial public offering today, revealing that it has had $900 million in losses during the first half of this year.

London-based flexible workspace software company Essensys announced its revenues rose by 23% after its initial public offering on the London Stock Exchange in May 2019.

Software company Yardi has become a staple provider of software for coworking companies and has perfected its role in the constantly evolving flexible workspace industry.