Co-working Spaces - Coronavirus Rent Relief

Discussions this morning from senior management that several co-working firms (thinks WeWork/Regus) have been asking for rent relief for a period of 3-6 months.

This is from both our APAC and American senior management.

The knock-on effects across the market will be substantial

 
Real Estate Anon1:
Discussions this morning from senior management that several co-working firms (thinks WeWork/Regus) have been asking for rent relief for a period of 3-6 months.

This is from both our APAC and American senior management.

The knock-on effects will be substantial

Landlords are going to bleed them dry while they attempt to backfill the space at a discount with traditional tenants.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

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