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Brookfield to add new asset class via upcoming real estate deal

Infrastructure

19 August, 2020

Brookfield to add new asset class via upcoming real estate deal

Brookfield Asset Management Inc. is likely to add a new asset class to its India portfolio with an upcoming deal ......

Investors Clinic, Kocreate to invest in coworking JV

Infrastructure

23 April, 2020

Investors Clinic, Kocreate to invest in coworking JV

Noida-based real estate consultancy firm Investors Clinic Infratech Pvt. Ltd and coworking space provider Kocreate have agreed to invest Rs ......

WeWork sues SoftBank for dropping $3 bn tender offer

Infrastructure

08 April, 2020

WeWork sues SoftBank for dropping $3 bn tender offer

A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday ......

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After big co-living bet, Warburg Pincus plans investment in co-working firm

Infrastructure

10 December, 2019

After big co-living bet, Warburg Pincus plans investment in co-working firm

Private equity firm Warburg Pincus is considering a bet on a co-working space provider and may build an investment platform ......

WeWork to lay off 2,400 employees in SoftBank revamp

Infrastructure

22 November, 2019

WeWork to lay off 2,400 employees in SoftBank revamp

WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......

WeWork loss widens to $1.25 bn amid office space expansion

Infrastructure

14 November, 2019

WeWork loss widens to $1.25 bn amid office space expansion

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......

WeWork India fights for funds after talks with ICICI Bank collapse

Infrastructure

10 October, 2019

WeWork India fights for funds after talks with ICICI Bank collapse

WeWork's India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since ......

SoftBank may pump $1 bn more into troubled office-sharing startup WeWork

Infrastructure

26 September, 2019

SoftBank may pump $1 bn more into troubled office-sharing startup WeWork

SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......

SoftBank turns against WeWork CEO Adam Neumann

People

23 September, 2019

SoftBank turns against WeWork CEO Adam Neumann

Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......

SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

Infrastructure

14 August, 2019

SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements ......