All Flexible workspaces articles
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OnlineWeWork’s UK losses rocket ten-fold
WeWork has posted a staggering ten-fold increase in losses for its UK arm in its latest set of accounts filed at Companies House.
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Online
Fitch strikes fresh blow to WeWork with downgrade to junk status
Fitch Ratings has downgraded WeWork’s credit rating after a tumultuous few weeks for the flexible office group, as predicted by Property Week last month.
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Online
Flexible workspace makes up 35% of London’s commercial transactions
Over the past year flexible workspace has made up 35% of commercial property transactions in London, according to a new report by The Instant Group.
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News
WeWork founder Adam Neumann resigns
WeWork founder Adam Neumann has resigned as chief executive of the business a week after it failed to attract enough support to greenlight a multi-billion dollar IPO.
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Online
WeWork postpones IPO as it fails to gain investor support
WeWork has postponed plans for a listing this autumn after failing to attract enough support for the multi-billion IPO from investors.
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Online
Softbank urges WeWork to shelve IPO as potential value plummets
SoftBank, the biggest external shareholder in WeWork, has urged the lossmaking flexible office giant to shelve its hotly anticipated New York listing after it received a cool reception from investors, according to The Financial Times .
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Online
WeWork close to securing $6bn pre-IPO credit
WeWork owner The We Company has obtained commitments from at least 10 banks for $6bn (£4.9bn) in credit facilities that remain crucial to the company’s ambitions to push ahead with its planned initial public offering (IPO), according to a report by Reuters.
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Online
BE Offices weighs up £200m sale
Serviced office group BE Offices is considering a potential £200m sale, according to reports.
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Online
IWG launches £100 share buyback as profit rises
IWG is planning to buy back up to £100m of shares after reporting a 2% rise in pre-tax profit for the first half of the year off the back of higher revenue.
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Professional
Office providers should take inspiration from hotel sector
Industry should create offices that are exciting, welcoming places where workers choose to spend their time.
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Insight
Outlook for flexible workspace sector still bright
Editor: The flexible workspace market in London is increasingly competitive and success will require a focused strategy and deep expertise.
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News
Regus signs first UK franchise deals
Regus is to expand to two new sites in London and the South East after signing its first UK franchise deals with ACCA Office and SME Properties.
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Professional
Rise of flexible office space poses headache for valuers
Traditional valuation models are being questioned but it may take a downturn for valuers to alter their approach.
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Insight
Yardi coworking think tank: how to build a flexible brand
With more property companies launching flexible workspace brands, Property Week and Yardi put together a panel of industry experts to identify the secrets of success in a highly competitive market.
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Online
Festive offering for Bermondsey work space
The design firm behind London’s famous Christmas street decorations is leasing out 10,000 sq ft of workspace at the former Dualit Toaster Factory in Penarth Street, South Bermondsey.
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Online
WeWork signs for seventh Dublin office
WeWork has signed a lease for its seventh office in Dublin, which will also be the debut site for its brand Headquarters by WeWork in Ireland.
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Online
HSBC to house 1,000 staff in South Bank WeWork
HSBC is planning to house more than 1,000 of its London staff at the WeWork office at 2 Southbank Place.
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News
Interview with Uncommon co-founder Tania Adir
Tania Adir set up flexible workspace provider Uncommon with her husband Gal five years ago. Mia Hunt finds out what sets their business apart from the competition as the company steps up its expansion plans
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Online
WeWork unveils Birmingham and Cambridge plans
WeWork has unveiled plans to open new workspaces in Birmingham and Cambridge, where it has also entered into a shared revenue agreement with landlord Aviva Investors.
