WeWork Stock Plummets 50% After Impending Bankruptcy Reports
WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.
Source: forbes.com
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Top News In Co Working Today - Breaking & Trending Today
Thailand-based realty firm MQDC will open second co-working facility in Gurugram
The realty firm has leased 42,000 sq ft spread across the fourth, fifth and sixth floors in the building. This co-working space will offer a seating capacity of over 450 people
Source: moneycontrol.com
Office supply to touch 165 million sq ft by 2023-25, Bengaluru to lead the way: Report
The report projects continued growth in the annual employment rate for office-going professionals in the six major cities, forecasting an 11 percent increase in 2023.
Source: moneycontrol.com
Southern cities account for 60% of office space absorption in YTD 2023: Report
A total of 38 million sq feet of office space was absorbed and despite the global economic volatility, domestic occupiers accounted for almost half of the office space take-up in 2023.
Source: moneycontrol.com
Co-working player EFC Ltd to add 35,000 seats by March
The company has, more than 36 centres and 25,000 seats across Maharashtra, Telangana, Tamil Nadu, Karnataka, Gujarat, Uttar Pradesh, and West Bengal
Source: moneycontrol.com