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WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?

Allwork

percent in San Francisco, up from 10 per cent in late 2020, according to data from CBRE.” It is a problem for the company’s landlords, who will be faced with the choice of negotiating to accept a lower rent and write-off of arrears or losing an occupier in a very weak market. This raises questions for U.S. real estate as well as U.S.