Login

WeWork’s Revenue Rises After String of Declines; Company To Stay in Russia

Global Flexible Office Provider Has Over 90% Occupancy in Moscow With $10 Million in Revenue, CEO Says
WeWork, based at 575 Lexington Ave. in New York, reported higher fourth-quarter revenue and said it has no plans to leave Russia. (CoStar)
WeWork, based at 575 Lexington Ave. in New York, reported higher fourth-quarter revenue and said it has no plans to leave Russia. (CoStar)
CoStar News
February 28, 2022 | 11:23 P.M.

WeWork, which has said it expects to break even in the first half of this year, reported higher fourth-quarter revenue, reversing at least seven straight quarters of year-over-year declines. The global flexible office space provider also said it has no plans to leave Russia despite geopolitical tensions.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE