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All Flexible workspaces articles
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OnlineWorkspace value falls lead swing to loss, but trading improves
Workspace Group swung to a pre-tax loss of £147.9m compared to a profit of £35.8m a year before, as it posted a 10.2% fall in net tangible assets (NTA) and a 6.6% fall in the value of the portfolio in the six months to the end of September.
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NewsEat Work Art takes over ex-WeWork building to launch Hackney workspace for creatives
Creative workspace provider Eat Work Art has been awarded the leasehold of a former WeWork building in Hackney, east London, where it will open its latest location for the creative industries.
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InsightRIB’s Antony Antoniou on investment repercussions as WeWork files for bankruptcy in US
WeWork’s decision to file for Chapter 11 bankruptcy in the US has prompted concerns about what could happen to investment in the UK’s flexible office sector, should it also go into administration here.
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NewsWeWork files for bankruptcy in US but ‘business as usual’ for UK operations
WeWork has filed for Chapter 11 bankruptcy in the US but declared it is “business as usual” for its operations in the UK and Ireland.
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NewsEx-WeWork execs to help landlords with ‘struggling workspace operators’
Flexible workspace firms Re-Defined and Platformspace have formed a new partnership, bringing together several of WeWork’s former executives with the aim of stepping in to take over space from operators struggling in the co-working market.
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ProfessionalFlexible workspace boom is enabling women to succeed
Growing importance of work-life balance has led to a change in working patterns facilitated by flex spaces.
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OnlineWeWork plans to file bankruptcy as early as next week, sources say
WeWork plans to file for bankruptcy as early as next week, according to reports in the US.
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OnlineFidelity buys WeWork office block in London
Fidelity International has acquired 99 Queen Victoria Street in the City of London from troubled serviced office group WeWork.
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NewsWeWork president and COO Anthony Yazbeck leaves company
WeWork’s president and chief operating officer Anthony Yazbeck has reached an agreement to leave the company.
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NewsWeWork appoints David Tolley as permanent chief executive
WeWork has appointed David Tolley, the co-working giant’s interim chief executive since May 2023, as its new permanent chief executive.
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NewsColliers appoints director to lead new flexible workspace platform
Investment management firm Colliers has appointed James Walton as director to lead its new flexible workspace consultancy platform SmartFlex.
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NewsWeWork exits major City flex location
WeWork is closing down its 133 Houndsditch site in the City of London and evicting its tenants.
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MarketsFlex is stronger than WeWork
The US pioneer’s woes do not reflect weakness in wider flexible office market.
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NewsFormer C&W executives launch flexible workspace operator Covalt
Former executives at Cushman & Wakefield (C&W) have launched a new ’white label’ flexible workspace management company, Property Week can reveal.
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NewsLandsec adds 100,000 sq ft to Myo flex office portfolio
Landsec is accelerating the expansion of its flexible office brand Myo, with two new London sites spanning 100,000 sq ft to open over the next two years.
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NewsCanvas Offices secures new location above Holborn Tube Station
Canvas Offices has unveiled plans for a 35,000 sq ft office location above Holborn Tube Station after securing a long-term lease for the property with Israeli real estate giant Hagag-Gaya Holdings.
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NewsIWG takes over 55,000 sq ft lease in Hammersmith from WeWork
IWG has agreed to take over 55,000 sq ft of workspace in Hammersmith, west London from its ailing competitor WeWork.
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NewsWeWork announces plan to renegotiate ‘nearly all’ leases
WeWork has said it will renegotiate “nearly all” of its leases around the globe and plans to exit “unfit and underperforming locations” in a bid to make itself sustainable.
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NewsOrega takes additional flex space at City offices
Flexible workspace provider Orega is to open 37,000 sq ft of new workspace at 70 Gracechurch Street in the City of London.
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NewsWeWork considers options as creditors explore bankruptcy plans
A number of WeWork’s creditors are exploring the possibility of a bankruptcy filing as the company’s future continues to be questioned, according to people familiar with the creditors’ talks.
