WeWork gets US$150 million investment from real estate services firm Cushman & Wakefield

France Nouvelles Nouvelles

WeWork gets US$150 million investment from real estate services firm Cushman & Wakefield
France Dernières Nouvelles,France Actualités

Real estate services company Cushman & Wakefield said on Friday it had invested US$150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchange following a merger with a blank-check company. The investment comes months after the two companies announced a

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

Real estate services company Cushman & Wakefield said on Friday it had invested US$150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchange following a merger with a blank-check company.

The investment comes months after the two companies announced a partnership https://ir.cushmanwakefield.com/news/press-release-details/2021/WeWork-and-Cushman-Wakefield-Form-Exclusive-Strategic-Partnership-to-Deliver-Innovative-Flexible-Space-Operating-Platform/default.aspx to help expand the suite of WeWork's offerings.

As part of the investment, Cushman & Wakefield's Chief Investment Officer Nathaniel Robinson will join WeWork's board as an observer. Backed by Japanese investment giant SoftBank Group Corp and once considered a prized bet for the conglomerate's chief Masayoshi Son, WeWork saw a plunge in its valuation due to concerns over its corporate governance and heavy losses.

WeWork struck a US$9 billion deal in March with BowX Acquistion Corp, a special purpose acquisition company, to take it public, nearly two years after a failed attempt at an initial public offering.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

ChannelNewsAsia /  🏆 6. in FR
 

Hello, Everyone Are you looking for a Graphic_Designer to make your company logo, business card, letterhead, flyer, social media ads, photo editing & related all graphics design? You can hire me at Fiverr Have a good day.

France Dernières Nouvelles, France Actualités



Render Time: 2025-01-13 23:31:48