WE - Cushman & Wakefield invests $150M in WeWork

Cushman & Wakefield (NYSE:CWK) made a strategic investment of $150M on October 20 in WeWork (NYSE:WE), one of the leading global flexible space providers. As part of its strategic investment, CIO & EVP of Strategic Planning, Nathaniel Robinson, will serve as an Observer to WeWork’s Board of Directors. The partnership will also help grow WeWork’s new landlord and tenant-focused offerings through two initiatives. “WeWork is recognized as an innovator in our industry because they have demonstrated their ability to build a tenant experience that people are drawn to, and they’ve been a pioneer in using technology to efficiently manage that experience and the office space around it. Through this partnership, Cushman & Wakefield will scale WeWork’s technology offerings around tenant experience beyond their own branded spaces into the rest of the office market, giving our clients access to leading data and insights that drive optimal workplace experience and return on investment.” said Brett

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Cushman & Wakefield invests $150M in WeWork