In the news this morning, the FT reports on WeWork’s first quarter figures after obtaining an internal memo.
In short, revenue: up, EBITDA: up, occupancy: up, and hopes for a stock market flotation: bolstered.
Elsewhere, read about the £1bn purchase of UBS’s HQ in EG or the broadsheets, or a proposed £300m IPO by Tritax, again in EG or the broadsheets.
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Including:
Prima, Real Living and Cantay Estates have received funding for 189-bed PBSA
Katy Davis named as an equity partner at the firm
The site will be turned into 261 short stay serviced bedrooms
Rising remote and video appeals offer an opportunity to reduce space
