Reading Time: 2 minutesNetherlands: The Social Hub (TSH), formerly knows as The Student Hotel, has secured a €566 million refinancing facility in a deal led by Germany’s Aareal Bank.
Reading Time: < 1 minuteIndia: Draper Start-up House, an “entrepreneurial ecosystem” has launched its largest coliving coworking community space in Hyderabad.
Reading Time: 1 minuteUS: WeWork, which was once valued at $47 billion, has been filed for bankruptcy in the US.
Reading Time: < 1 minuteUS: Reports from the US suggest that WeWork plans to file for bankruptcy as early as next week.
Reading Time: < 1 minuteUK: Allied London is working in partnership with Manchester City Council to redevelop a pair of grade two-listed market halls on Liverpool Road into workspace for tech and digital start-ups.
Reading Time: 3 minutesAlex Barker of Be More Pirate tells ULN about how the pandemic has sparked a movement focused on better ways of working.
Reading Time: < 1 minuteZoe Ellis-Moore, co-founder and CEO of Spaces to Places, talks to ULN about the rise and fall of WeWork, its potential implications for flex workspace, and what needs to happen for the sector to become an institutional asset class.
Reading Time: < 1 minuteWorldwide: 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 minutePortugal: Feel Group has opened Vertical Firmeza Coworking and Flats, a mixed-use development in Porto’s city centre.
Reading Time: < 1 minuteGermany: 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.
