Flexible workspaces

Wework

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).

WeWork Moorgate London

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 London

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.

Wework

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.

Storey flexible workspace

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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