WeWork transfers brand to Ampa Real Estate as part of Israel franchise deal
In a dramatic turn of events, WeWork Israel is about to replace its current business model with a new franchise system. A person familiar with the move told Calcalist under the condition of anonymity that Ampa Real Estate Ltd. is set to become the office-sharing powerhouse’s franchisee in Israel, responsible for renting out the company’s 13 office complexes across six cities. WeWork has decided to switch to a franchise model in some of the countries that are not in the company’s busin...
Source: calcalistech.com