Knotel is reportedly in talks with Wafra, a New York City -based investment firm owned by the Knotel government pension fund, about an investment that would value the company at about $1.5 billion . Wafra is expected to lead the funding round, potentially joined by Singapore ’s sovereign-wealth fund. Knotel has expanded its portfolio of flexible office locations to 20 from around 200 in early 2018 . The deal would value Knotel at about $1.5 billion, these people said. The discussion highlights strong interest in the sector from institutional investors.
Knotel is reportedly in talks with Wafra, a New York City -based investment firm owned by the Knotel government pension fund, about an investment that would value the company at about $1.5 billion . Wafra is expected to lead the funding round, potentially joined by Singapore ’s sovereign-wealth fund. Knotel has expanded its portfolio of flexible office locations to 20 from around 200 in early 2018 . The discussion highlights strong interest in the sector from institutional investors.