Reading Time: 2 minutesUS: WeWork has announced that it has relinquished management of the two properties in its coliving brand, WeLive.
Reading Time: < 1 minuteUS: Georgia’s Town at Trilith development has plans to open a new Roam coworking space in September, adding to a large list of new developments in the area.
Reading Time: < 1 minuteGrant Powell and Ola Akinyemi talk to UL News about 25 EP, Grosvenor’s first venture in to the flexible work space market.
Reading Time: 2 minutesUK: Grosvenor Britain & Ireland has announced its entry into the flexible working market with a new London property: 25 EP.
Reading Time: 2 minutesUK: Workspace provider Kitt has raised $5 million (£3.6 million) in seed funding, taking its total amount raised to $7.5 million.
Reading Time: < 1 minuteUS: WeWork’s losses almost quadrupled to $2.1 billion in Q1 2021, as it continued to lose members and restructured its property portfolio.
Reading Time: 3 minutesUK: Flexible workspace provider x+why has added two London locations, in Bloomsbury and Spitalfields.
Reading Time: < 1 minuteUS: Location ventures is planning a coliving and coworking development with a GDV of $56 million on a Miami site it has acquired for $20 million.
Reading Time: < 1 minuteUK: Workspace provider IWG recorded a double-digit drop in open centre revenue in the Q1 2021, but experienced “unprecedented demand” for its flexible work products.
Reading Time: 2 minutesUS: WeWork is set to list on the stock market via a purchase by the publicly traded BowX Acquisition Corp.