WeWork Keeps Pushing. Now Landlords, Rivals Are Pushing Back
- Coworking giant delves into real estate buying with new fund
- Big property owners are piloting their own flexible offices
This article is for subscribers only.
WeWork Cos. is increasingly stepping on the turf of landlords and real estate brokers -- and the industry is starting to push back.
The office-sharing giant, valued at as much as $42 billion, is getting a greater portion of its business from the large companies that property owners usually court. It’s also building an investment division to buy its own sites, according to people with knowledge of the matter.