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WeWork venture is said to pay US$826 million for London offices

Mon, Apr 16, 2018 – 4:52 PM

[LONDON] WeWork Cos. and two other companies paid about 580 million pounds (S$ 1,082.9 million) for an office complex in the City of London district, two people with knowledge of the deal said.

WeWork has begun purchasing buildings as it seeks to diversify its global portfolio of short-term co-working spaces, which are mainly leased from landlords on long-term rental agreements. The compa…
The Business Times

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