WeWork could exit bankruptcy by the end of May despite mounting losses
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.
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.
UK: Flexible workspace specialist x+why has launched an in-house design team, whydesign, focused on customising sustainable and design-led office spaces.
Malta: Munich-based Ruby Group has opened Ruby Ninu, a flexible workspace in St Julian’s, Malta.
UK: Flexible workplace operator Runway East (RWE) has signed circa 20,000 square feet of new workspace in Birmingham.
India: Gujarat-based flexible workspace provider DevX has raised $7 million, with a mix of equity and debt split equally.
UK: Flexible workspace provider infinitSpace has entered into a management agreement with Helical plc to launch a new flexible workspace location in The Bower complex in Old Street, London.
ULN editor George Sell reports from the Coworking Europe conference in Porto.
US: WeWork, which was once valued at $47 billion, has been filed for bankruptcy in the US.
US: Reports from the US suggest that WeWork plans to file for bankruptcy as early as next week.
Alex Barker of Be More Pirate tells ULN about how the pandemic has sparked a movement focused on better ways of working.