WeWork weighs exiting some HK properties


WeWork

HONG KONG: WeWork, the cash-strapped co-working company whose financial implosion derailed a planned initial public offering, is weighing giving up office floors in at least half a dozen locations in Hong Kong, one of the world’s most expensive property markets.

New York-based WeWork is considering surrendering a portion of a recently signed lease in Wan Chai, near Hong Kong’s central business district, according to people familiar with the matter.

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property , office , space , HK , WeWork , financial ,

   

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