Connect with us

Hi, what are you looking for?

Jewish Business News

Real Estate

Adam Neumann’s WeWork Takes London


WeWork, a service that rents office space to startups, is opening the doors of its second property in London, and expects the British capital to be its largest or second largest market in the future, according to the London Evening Standard. After the success of the company’s first London property in Sea Containers House in the South Bank in 2014, it is now opening a place on Sheraton Street in SoHo. Co-founder Adam Neumann notes WeWork has 25 buildings worldwide, and the new London location is 100% full. Neumann expressed his desire to open 4 more locations in London which he expects to be a major market. One of the proposed London locations will be its largest building.

WeWork was recently valued at $5 billion, and the company has received funding from Goldman Sachs, T. Rowe Price and JPMorgan. When asked if he felt the valuation was a bit high, Neumann told the Evening Standard, “In the U.S., those are considered the best investors in the world. They are very savvy. We pride ourselves in the fact that this business has been profitable since the fourth month of operation, and we are growing very fast.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.




You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.