3 ms·
Don't know for sure but they might run each one as a separate business but have the parent company guarantee the rent. I don't think many landlords would sign l
by keltex 7y ago
Don't know for sure but they might run each one as a separate business but have the parent company guarantee the rent. I don't think many landlords would sign long expensive leases otherwise.
[Edit] Actually looks like the parent company only guarantees a small percentage of leases:
https://allwork.space/2019/08/wework-guarantees-a-small-portion-of-its-40-billion-rental-commitments/ https://allwork.space/2019/08/wework-guarantees-a-small-port...