It is no secret that WeWork, the co-working giant valued at $20bn by its private equity backers, has been buying up property in both New York and London.
But the new type of leases it offers to landlords has attracted less attention.
Traditionally, tenants agree to pay a landlord a fixed amount of rent over a long time period. WeWork has already been disruptive in this space by questioning the wisdom of long leases.
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
