As more people are able to work from home, housing priorities have changed, and different places and types of housing have become more popular.
10 Top CRE Players On Recession Timing And Where The Industry Could Feel It First
No one knows exactly when the recession could hit or how severe it may be. But there is no denying recent events indicate this record-long economic expansion may be reaching its conclusion.
Flexible office space transforming US commercial property sector
Fuelling that growth is demand from small businesses and enterprise users alike that favour the flexibility of office accommodations on relatively short-term leases, allowing them to expand or contract their space according to the needs of their business.
Despite Valuation Concerns, WeWork’s S-1 Filing Is a Glimpse into the Office Market of the Future
Since the We Company released their S-1 investor prospectus, Wall Street pundits and the financial press have had a field day tearing the company apart.
CBRE, After Launching WeWork Competitor, Forecasts Coworking Shift
A new report from CBRE predicts that the market for U.S. coworking space will continue to expand robustly over next decade, despite any coming recessions.
Remote working will reshape communities in entirely new ways
WeWork Weighs Slashing Valuation by More Than Half Amid IPO Skepticism
“I’ve heard no bullish views at all,” said Rett Wallace, chief executive of Triton Research, which analyzes pre-IPO companies for investors. “There were Uber bulls, there were Lyft bulls, there were Snap bulls.” He added that “WeWork is exhausting people’s cynicism.”
51 People And Companies Shaping The Future Of Office Real Estate
The way we work today is undergoing radical change, to the extent that the era we live in has been called the fourth industrial revolution.
'We Are Done With WeWork' For Now: Office Landlords And Coworking Players On The State Of Coworking
WeWork, the leader in the globalization of coworking, revealed in the prospectus that it lost nearly $700M in the first half of 2019, and said it will likely lose more money “in the foreseeable future.”
WeWork may fail. Coworking won’t
Workspace provider Knotel secures $400M, putting it in WeWork’s rear-view mirror
Knotel has now completed a $400 million financing, led by Wafra, an investment arm of the Sovereign Wealth Fund of Kuwait.
WeWork Is Valued 10 Times Greater Than This Profitable, Public Rival
Like WeWork, IWG operates furnished, serviced offices around the globe that it rents out to companies and individuals under short-term deals and is best known for its Regus brand.
How Opportunity Zones and Co-Working Spaces Joined Forces
The combination of opportunity zones and shared office space is creating incubators of start-ups and investors in underserved markets.
As Market Wobbles, Rivals Take Aim At 'Magic Money' WeWork
After WeWork detailed the most complete picture to date of its corporate finances last week, the leaders of some of its main competitors wanted to make a strong point: We are different.
Coworking: Lots Of Opportunity Ahead, Or A Bubble For The Next Recession To Pop?
At the cusp of WeWork's initial public offering, investors now have to decide whether the coworking industry has a long growth runway ahead, or whether the market for shared office space is reaching saturation.
Here’s Everything You Need To Know From WeWork’s Landmark IPO Prospectus
When July began, WeWork was building 194,000 desks, had signed leases for 327,000 more and was in negotiations for 724,000 workstations that have not been finalized. The company pegs its total pipeline at 1.9 million desks, more than triple what it is currently operating.
As Coworking Conquers Markets, Landlords Wonder How Much Is Too Much
There is no questioning the voracious growth of the sector. Coworking leases in Manhattan increased by 200% last year, according to CBRE, with firms like Knotel, Convene and Spaces all taking space at a rapid clip.
How Conventional Offices Can Compete With Shared Workspace Providers
A Metropolis Think Tank panel at SmithGroup's Washington, D.C. office explored the new amenities that property managers are deploying to retain tenants.
How technology is fuelling the rise of flexible office space
As new digital tools and platforms transform traditional ways of working, they’re changing how companies think about - and use - their office space.
Flexible Space Flexing Its Muscle
Once thought of as co-working offices, now more often referred to as flexible space, for H1 2019 this sector has reached 8.5% of leasing activity nationwide, according to CBRE’s latest research.