Back The Guardian Wednesday, October 10, 2018
Search Sections 10 Oct

The Guardian

Wednesday, October 10, 2018
Close
Advertisement
Brexit uncertainty taking toll on property market, experts say 10 Oct 2018, 7:01pm Brexit uncertainty taking toll on property market, experts say
Falling prices, lack of buyers and record times to complete sales revealed by RICS research Brexit uncertainty has crushed confidence in the property market, according to the official surveyors’ body, with buyers evaporating,
 Like Reply
Currencies in USD
GBP 1,29 +0,698%
EUR 1,11 +0,269%
CHF 1,01 +0,197%
SoftBank punt on WeWork office space hub is risky business 10 Oct 2018, 2:23pm SoftBank punt on WeWork office space hub is risky business
Workspace company makes substantial losses and providing short-term office space is notoriously cyclical WeWork, according to the founders’ blurb, is “a place you join as an individual, ‘me’, but where you become part of a greater ‘we’. A place where we’re redefining success measured by personal fulfilment, not just the bottom line.” Very uplifting, but you’d probably think twice before investing. Funky murals and cheese-tasting events for tenants are eye-catching but, in the end, WeWork is a provider of office space on short-term leases, which is a notoriously cyclical game. And, despite opening offices in more than 70 cities around the world, WeWork currently makes substantial losses. However, SoftBank of Japan, one of the world’s biggest and most adventurous investors, is keen to throw serious sums at the company. It has already invested $4.4bn and, according to reports, is lining up another $10bn or $20bn. Softbank’s co-traveller is Saudi Arabia’s sovereign wealth fund via the duo’s enormous $100bn Vision Fund, which aims to make big bets on businesses of tomorrow.
 Like Reply
Shoebox Britain: how shrinking homes are affecting our health and happiness 10 Oct 2018, 1:00am Shoebox Britain: how shrinking homes are affecting our health and happiness
The slicing and dicing of housing is redefining the idea of home. Those forced to live in ever smaller spaces describe how this changes their lives
 Like Reply
On the top

Date settings

Today is Sunday, October 20, 2019

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept