Find in the news:
BY COUNTRY

WeWork Offers Tenants to Cut Their Tent in Half



The WeWork network of coworkers has started offering tenants to halve their rents, provided they sign a lease agreement for several months.
WeWork

In this way, the company aims to minimize the loss of customers who choose to pay monthly rent. According to some reports, WeWork has a quarter of the total number of such tenants. It is highly likely that during the Coronavirus Pandemic, they would prefer to give up their leases altogether.

It was reported by Bloomberg publishing house, which cites some of its sources. It is stated that the WeWork network has always been willing to offer discounts to customers. In these challenging times of the Coronavirus pandemic, this New York City startup is ready to make even more concessions. True, it's not clear how active the company will be in offering a double reduction in exchange for a long lease.

The COVID-19 Coronavirus Pandemic is keeping many people at home, which is taking a heavy toll on office property owners. Although most WeWork locations remain open, last week, the company announced that it no longer expects to meet its earlier financial targets for 2020. To reduce costs, the company has already laid off 250 employees. WeWork representatives declined to make any comments.

Earlier, the massive cuts were also announced by the U.S. company Knotel Inc., which also works in the field of office property rent and is a competitor to WeWork. The attendance of coworking around the world has fallen significantly. Thus, according to information from representatives of the business, the decline in the largest cities of the world was 75-90%. 

More about shopping malls in the USA



YESTERDAY, Canada:
Over five days, Shein will give away 10,000 presents, including home décor, accessories, and apparel.
Nov 1, 2024, USA:
Louis Vuitton opens dog-friendly 'Dog LVERS' pop-up in NYC's Soho.
Oct 31, 2024, USA:
Designed to capture Atlanta’s artistic spirit and Southern landscape.
Oct 30, 2024:
Two years after controversial split, Adidas and Ye reach mutual conclusion.
Oct 29, 2024, USA:
Expanding footprint in North America with two new locations.
Oct 28, 2024, India:
Foot Locker has launched its first store in India, setting up shop in the Nexus Select City Walk mall in New Delhi.
Friend
and Follow
South Coast Plaza GLA:2 800 000 SF
ADDRESS: 3333 Bristol St, Costa Mesa, CA 92626
USA . Los Angeles
South Coast Plaza
Ontario Mills GLA:1 473 000 SF
ADDRESS: 1 Mills Cir, Ontario, CA 91764-5207
USA . Ontario
Ontario Mills
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us