WeWork’s announcement this week that it has filed preliminary paperwork to pave the way for a public offering is a signal of its plans to expand further. But in Europe, the company faces a more competitive field where local firms dominate market share in many cities. Flexible office space has doubled in Europe in the past five years, driven in part by WeWork’s entrance to the markets there, according to Bloomberg. Citing a Colliers report, […]
source https://therealdeal.com/2019/05/01/as-it-gears-up-for-an-ipo-wework-faces-competitive-headwinds-in-europe/
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