WeWork exits bankruptcy and appoints new CEO
George Sell
June 12, 2024
Reading Time: 2 minutes US: WeWork has emerged from Chapter 11 bankruptcy and appointed John Santora as CEO.
Judge puts a halt to Neumann’s WeWork bid
George Sell
May 29, 2024
Reading Time: 2 minutes US: A New Jersey bankruptcy judge has rejected WeWork co-founder AdamNeumann’s efforts to buy back the company.
WeWork plans to exit bankruptcy with Yardi as majority shareholder
George Sell
April 30, 2024
Reading Time: 2 minutes US: WeWork’s lawyers have revealed that under its plan to exit bankruptcy, property management software provider Yardi Systems would become the company’s majority shareholder.
Industrious takes over former WeWork space in City of London
George Sell
April 26, 2024
Reading Time: < 1 minute UK: Flexible workspace provider Industrious has taken more than 70,000 square feet at Royal London Asset Management Property’s 131 Finsbury Pavement scheme.
WeWork could exit bankruptcy by the end of May despite mounting losses
George Sell
April 3, 2024
Reading Time: < 1 minute US: WeWork says it expects to be out of Chapter 11 bankruptcy by the end of next month, having renegotiated or exited 90 per cent of its leases.
Neumann frustrated in efforts to buy back WeWork
George Sell
February 12, 2024
Reading Time: 2 minutes US: WeWork co-founder Adam Neumann is attempting to buy the company out of bankruptcy.
WeWork files for bankruptcy
George Sell
November 7, 2023
Reading Time: 1 minute US: WeWork, which was once valued at $47 billion, has been filed for bankruptcy in the US.
WeWork set to file for bankruptcy
George Sell
November 1, 2023
Reading Time: < 1 minute US: Reports from the US suggest that WeWork plans to file for bankruptcy as early as next week.
WeWork uncertainty deepens amid missed interest payments and tenant evictions
George Sell
October 12, 2023
Reading Time: < 1 minute Worldwide: WeWork has decided not to make interest payments totalling around $95 million, and has announced the closure of one of its major London properties.
Why WeWork shouldn’t define the booming flex workspace market in the UK
Aceil Haddad
September 22, 2023
Reading Time: 3 minutes Communications expert and urbanist Aceil Haddad says that, away from the noise surrounding WeWork, the UK’s flex workspace market is diverse and booming,