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WeWork’s Updated Bankruptcy Exit Strategy: Yardi Takes 60% Stake, SoftBank’s Role Diminished

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which covers the majority of the coworking giant’s $450 million bankruptcy exit plan. According to WeWork, “Securing this financing demonstrates the support and confidence in WeWork’s business model and value proposition from its largest stakeholders. However, Judge John K.

Finance 249
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The Office Space Sector Is Projected To See A Strong Fourth Quarter In 2022

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Commercial real estate analysts at MyEListing.com recently conducted a report forecasting the future of the CRE market. . CRE industry players cannot ignore the importance of hybrid working, but can find ways to entice workers back into the office. . The labor shortage persists across industries.

2022 312
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WeWork’s Collapse Will Cause Massive Losses In The U.K. And Australia, Too

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In Australia, WeWork is reported to have leased 15 locations totaling 100,000 sq. In Australia, WeWork is reported to have leased 15 locations totaling 100,000 sq. This commitment, which landlords rely on to service their debt finance, is now at risk. equivalent to around 350,000 sq. with leases as long as 15 years.

Finance 264
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Unveiling the Hidden Potentials of Remote Work Productivity

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Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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Back in June, scientists reported that Earth had its shortest day since the 1960s, making its full axis turn milliseconds faster than expected. Now, for the good news: Although there’s bound to be factors that are beyond your control, feeling more confident about your finances can help you navigate whatever comes your way.

2023 306
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Some Companies Are Asking Employees to Pay for Training to Increase Buy-in. But Does It Work?

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Training repayment to guarantee employee buy-in This is the situation a growing number of employees , especially ones in industries with lower pay and high turnover, are finding themselves in. He offers trainings for which employers often reimburse employees, an expectation in the tech industry, he says.

Training 246
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Raise a Glass: The Popularity of Nonalcoholic Drinks Is Marking a Shift in Drinking Culture

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Throughout her roughly 15-year career in investment banking, international development and renewable energy financing, she traveled to over 30 countries across Europe, Asia, Africa and the Middle East. 52% of drinkers are replacing alcohol with nonalcoholic beverages, reports Pattern Data Science. It’s not inferior.

2019 246