Yearly Archives: 2021
SoftBank has officially sold $550 million of its $2.2 billion rescue debt package that it provided WeWork over a year ago.
The company’s restructuring defines three new management positions in response to the company’s growth in 2021.
The agreement between WeWork and SoftBank resulted in an extension of $1.75 billion of total liquidity from February 2023 to February 2024.
The partnership will introduce a premium 4,100 sqm four-storey coworking space as part of its broader redevelopment plans at Box Hill Central.
On Wednesday, WeWork said it has to revise its Q3 financial statements after discovering that it misclassified some of its public shares.
Scheduled to be operational on the 1st of January 2022, this will be the third location for KAPITALIZE and the second in Heliopolis.
With the new features that will be made available, the vacation-rental company bets that remote work and flexible travel is here to stay.
The investment is intended for Mindspace’s continued growth and expansion in Europe, the United States, and Israel.