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.

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