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WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?

Allwork

It is a problem for the company’s landlords, who will be faced with the choice of negotiating to accept a lower rent and write-off of arrears or losing an occupier in a very weak market. percent in San Francisco, up from 10 per cent in late 2020, according to data from CBRE.” This raises questions for U.S. real estate as well as U.S.