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.
Reading Time: < 1 minute Portugal: Feel Group has opened Vertical Firmeza Coworking and Flats, a mixed-use development in Porto’s city centre.
Reading Time: < 1 minute Germany: Workspace operator Denizen has partnered with NUMA Group to provide on-demand and subscription-based community work and event space in Düsseldorf’s Pempelfort neighbourhood.
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,
Reading Time: 2 minutes US: WeWork has begun formal negotiations with all its landlords over its lease commitments.
Reading Time: < 1 minute US: Ampersand Studios, a flexible workspace and production solution “dedicated to cultivating a creative community”, has opened its first Nashville location, on Music Row.
Reading Time: 2 minutes Worldwide: Flexible workspace provider Clockwise, which manages 15 physical flexible workspaces across the UK and Europe, has announced that it is launching its own virtual office space in the metaverse, known as the Clockwise Campus.
Reading Time: < 1 minute India: Bengaluru-based shared office space provider BHIVE has launched a ₹400 crore [approximately US$48 million] alternative investment fund [AIF] to acquire commercial real estate in prime locations for coworking spaces.
Reading Time: < 1 minute US: WeWork has issued a warning to investors that it may not be able to continue as a viable business.
Reading Time: < 1 minute Worldwide: Lifestyle hospitality company Selina has launched a members club program for its shareholders to receive benefits across the portfolio.
