As WeWorks Lie Empty, Coworking Spaces Face Their Day Of Reckoning (3)
One supply near WeWork, who wishes to remain nameless, means that rent deferrals have been commonplace apply, but enterprise shoppers have been offered rent-free periods and decreased rents if they are approaching the end of their lease in an effort to avoid vacancies and re-letting prices. However nowhere is the growing divide between ‘coworking’ and ‘flexible offices’ extra apparent than amongst London’s largest landlords. WeWork says it has been working closely with particular person member businesses to return to mutually…