In the news this morning, the FT reports on WeWork’s first quarter figures after obtaining an internal memo.
In short, revenue: up, EBITDA: up, occupancy: up, and hopes for a stock market flotation: bolstered.
Elsewhere, read about the £1bn purchase of UBS’s HQ in EG or the broadsheets, or a proposed £300m IPO by Tritax, again in EG or the broadsheets.
NEWS ROUND-UP: A new lease of life for regional shopping centres?
WeWork more than doubles sales in first quarter
Tritax mulls £300m float to snap up European warehouses
Remortgage numbers show big rise
Slowdown in buy-to-let as speculators are squeezed
Chinese buyer secures Swiss bank’s City HQ for £1bn
