Former WeWork CEO Adam Neumann to create ‘recognizable apartment brand’

WeWork co-founder Adam Neumann wants to take advantage of the sky-high demand for rentals and rising rent costs to create a new firm that will shake up the apartment industry. Neumann, who left the co-working space giant WeWork in September 2019, has reportedly purchased more than 4,000 apartments worth over $1 billion in Florida cities

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Co-working spaces poised for strong rebound post-COVID

Social distancing requirements and the shift to remote work came as a big blow to co-working and flexible workspace companies last year, but analysts say they’re bullish on the space’s prospects later this year as mass vaccinations will lead to a lot of people returning to the office. Co-working firms such as WeWork and IWG

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WeWork encourages more use of its outdoor office space

Real estate office startup WeWork is promoting outdoor work spaces, believing that the idea may well appeal to companies who’re conscious of the risk of asking their employees to return to work in confined spaces. The company, which rents out co-working space, says that more than 150 of its 843 total office locations now feature

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