Not Done Yet: WeWork Raises $340M Of Fresh Equity To Continue Building Acquisition Drive
BISNOW
WeWork has raised a fresh slug of equity for the fund it is using to make real estate acquisitions. According to filings made with the U.S. Securities and Exchange Commission, WeWork raised $341M of fresh equity for WeWork Property Investors last week. The equity takes the total amount raised by the fund to $747M. With the equity, WeWork has the ability to become a significant owner as well as occupier of real estate. So far its buying has been focused on New York and London.