WeWork valued at just £6.1bn as Softbank moves to take control
SoftBank is in advanced talks to take a majority stake in troubled flexible office group WeWork, in a deal that values the group at just $8bn (£6.1bn).
RICS report is ‘step on journey’ to improving flex valuation
Report says lack of data on flexible office operations means valuation of assets is still a ‘significant challenge’
WeWork’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.
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.
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.
