Business Immo, the real estate website

WeWork

Office 20/12/2023

What new locations will Morning be opening up in the coming months ?

In a "somewhat stormy coworking market", Morning is "staying the course". This figure of speech comes from Clément Meyer, Morning's Deputy Managing Director. "The (...)

Office 09/11/2023

"The coworking market is already too established to be disrupted by WeWork's current situation"

Business Immo: How do you explain WeWork's difficulties? Mehdi Dziri: First of all, it's worth pointing out that WeWork is a remarkable player, which has (...)

Office 08/11/2023

In France, the WeWork "crash" raises more questions than answers

It's the end of a success story that began in New York in 2010, under the impetus of Adam Neumann and Miguel McKelvey, the (...)

Career 23/10/2023

WeWork announces the departure of its Chairman and COO

Just a few days after the appointment of David Tolley as CEO, the shared office giant has recorded the departure of its president and (...)

Office 18/10/2023

Corum signs new acquisition in Dublin for €81m

Corum, on behalf of its SCPI Corum Eurion, has acquired a 10,700 sqm office building located in Dublin, between the central business district and the (...)

Career 16/10/2023

The identity of WeWork's new CEO is known

The identity of WeWork's new CEO was revealed on Monday, October 16. Following the departure of Sandeep Mathrani last May, the company has decided (...)

Office 11/09/2023

WeWork calls on landlords to renegotiate all its leases

"There is substantial doubt about the company's ability to continue as a going concern." Last month, WeWork had already cast doubt on its future (...)

Office 30/08/2023

Flex-O arrives in Paris

Wework may be going through some dark times, but some coworking operators are on the up. For example, Flex-O, a subsidiary of the Courtin (...)

Career 17/05/2023

WeWork CEO Sandeep Mathrani to leave for private equity firm Sycamore Partners

Global flexible workspace provider WeWork’s Chief Executive Sandeep Mathrani is leaving for private equity firm Sycamore Partners at a time when the money-losing company, (...)

Listed 12/05/2022

WeWork exceeds Q1 2022 revenue guidance by $5m

WeWork, the global flexible space company, today reported its Q1 2022 results. The company exceeded its original revenue guidance of $740m to $760m by $5m, (...)

Office 09/05/2022

BNP Paribas REIM sells prime office asset in Milan

BNP Paribas Real Estate Investment Management Italy SGR has recently completed the sale process of a prime office asset located in Milan's CBD Duomo (...)

Office 09/02/2022

WeWork and Upflex sign strategic partnership for 5,500 sites

Coworking specialist WeWork has signed a strategic partnership with Upflex, an aggregator of coworking spaces and a global start-up specialising in flexible working spaces. (...)

Office 16/09/2021

WeWork launches Growth Campus Europe to support the start-up ecosystem

WeWork has launched Growth Campus Europe, an initiative to stimulate economic recovery in nine European countries: France, Spain, Germany, Belgium, the Netherlands, Poland, Sweden, (...)

Finance 21/04/2021

WeWork to accept crypto currency payments

WeWork has just taken a step forward in terms of crypto currency. In partnership with BitPay and Coinbase, the shared office giant will now (...)

Office 11/12/2019

[REPORTAGE] What is it that makes investors run to La Défense?

Often considered too cold, too mineral or even too mono-functional, La Défense is the object of all desires. Investors - led by South Koreans (...)

Office 20/11/2019

"Right now we have masses of money targeted towards London"

Huge amounts of investment capital are targeting London city real estate, and the slowdown in development resulting from Brexit worries will worsen the shortage (...)

Finance 11/09/2019

Meka Brunel: Guiding France's Gecina in a world of real estate undergoing huge transformation

Of course, the half-yearly results of French Gecina are good, very good, says CEO Meka Brunel; this, in a world of real estate going through a singular (...)

Office 05/09/2019

Madrid 1H office take-up jumps 25%yy to highest in 12 years

Take-up in Madrid’s office market reached 355,800 sqm in first half 2019, the highest recorded in 12 years and up 24.6% from 1H18, according (...)

Listed 26/08/2019

alstria focuses on refurb, sales as German office values rise faster than rents

With German office values rising faster than rents and investors chasing yield amid low rates, Hamburg's alstria is focusing on refurbishment and non-core sales, (...)

Office 24/06/2019

Korea's Mirae said selling Frankfurt office after two years for €120m gain

Mirae, one of the Korean investors recently assembling large European portfolios, is selling a Frankfurt office building after two years at a profit said (...)