German co-working provider enters UK with plans to build £500m business

The Brew Leonard Street

Co-working and co-living provider rent24 is expanding in the UK and Ireland, taking a majority stake in London-based The Brew and outlining plans to grow the co-working firm dramatically, Property Week can reveal.

The German company will inject equity capital into what will now be rebranded as The Brew by rent24 and will fund the opening of at least 45 co-working spaces over the next three years with an immediate pipeline of 20 locations.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue