WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?
Allwork
AUGUST 22, 2023
Some locations may be good enough to make the loss of WeWork manageable in the sense that the building can be re-let to another occupier. In the first half of 2023, the delinquency rate rose from 2.75% to 4%. A fully equipped and fully serviced office near where they live fits the bill nicely.
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