WeWork has a massive footprint in London. Its bankruptcy could shake up the city's office market
Publishing timestamp: 2023-11-07 11:57:55
Summary
WeWork, the office rental startup, has filed for Chapter 11 bankruptcy protection in the US and Canada. The company's restructuring may also impact its operations in London and international offices. Property groups are debating whether to end their lease agreements with WeWork. The company has 36 offices in London spanning over 2.89 million square feet. WeWork's financial troubles have led to concerns among its landlords and tenants.
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Tickers: WE,
Keywords: wework inc, politics, venture capital, breaking news: politics, business news, real estate, technology, breaking news: technology, london,