Tag: Investment

WeWork plans for a May bankruptcy exit, after renegotiating billions in rent.

Lower Manhattan’s office market suffers from high vacancies and subleases despite rising interest.

Amazon has plans to reduce office vacancies to 10% within five years, saving $1.3B.

Data on U.K. commuter towns suggest the workforce is become more decentralized and flexible.

Blackstone is considering selling The Office Group for £1.5bn as demand for flexible workspaces rises.

Experts foresee job growth in the next 50 years despite technology and climate challenges.

Rentberry moves closer towards a WeWork bid, announcing investments from 369 Growth Partners.

Early 2024 data shows U.S. job markets are holding relatively steady, veteran unemployment low at 2.8%.

WeWork renegotiates 8 leases, keeps 7 U.S. and 1 Canadian site, as part of restructuring.

Pittsburgh's office market may hit 50% vacancy by 2028, facing foreclosures.