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WeWork to renegotiate nearly all of its leases

NEW YORK CITY: WeWork said on Wednesday it will attempt to renegotiate nearly all of its leases and may exit some properties, an announcement coming just weeks after the workspace-sharing company sounded the alarm over its ability to remain in business. ....

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wework: WeWork begins to renegotiate leases globally

The SoftBank-backed company said it sought to negotiate favorable terms with the landlords and plans to exit unfit, underperforming locations in order to reinvest in its other assets. ....

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WeWork Will Renegotiate 'Nearly All Leases'—After Warning It May Go Out Of Business

The news of lease renegotiation comes a month after executives said the future of the company was uncertain. ....

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WeWork Declares Intent to Renegotiate Almost All Leases

A month after saying its continued existence was in doubt, the co-working company says it expects to “exit unfit and underperforming locations.” ....

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WeWork Renegotiating Leases Latest Sign of Trouble in Commercial Real Estate

WeWork sees the widespread weakness in the commercial real estate market as an opportunity to renegotiate its leases on more favorable terms. ....

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