Demand for office space below 15,000 sq.ft is rebounding, while there is limited movement in larger office spaces
office spaces
UAE tenants have new demands from landlords amid coronavirus recovery
Whilst demand is varied across different locations with UAE, sophisticated tenants are making increasing demands of their landlords in terms of flexibility and to enable them to adapt to the new way of working, recognising that a hybrid of office and home working is the new normal
Video: The core of the business is still strong, says WeWork advisor
WeWork advisor Peter Weinberg told CNBC that the company’s tumultuous 2019 doesn’t discount the fact that the company’s fundamental business is strong.
Video: The spectacular rise and fall of WeWork
In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money.
Video: Why WeWork’s business model is risky
The We Co.’s public offering is expected to come as early as next month.
WeWork is said to target September for $3.5 billion IPO
SoftBank Group is WeWork’s largest backer and has valued the unprofitable business at $47 billion
Dubai initiatives set to bolster office rental market, says JLL
Co-working space in Dubai is expected to grow, driven by demand from entrepreneurs and SMEs
Video: WeWork wants more of your life
The co-working giant WeWork has been renting desks to small entrepreneurs and Fortune 500 companies alike. But it doesn’t want to stop there.