Landlords around the world have become concerned about the risk of a collapse or major restructuring of WeWork and are making contingency plans, according to the Times . The global property market is assessing how to respond to the delay to Wework’s planned flotation. Global property investor WeWork , which has 10 million sq ft , said it has held internal talks about managing the impact of a sudden return of some or all of the 10 million sq ft of office space it has leased to WeWork . A Landsec -based landlord that counts Hines as a tenant told the Times locations let to enterprise clients would be easier for landlords to operate themselves, but many were questioning what they would do with all the space in a worst-case scenario. A number of landlords, including Hines , British Land and Landsec , have launched flexible office brands over this week .
Landlords around the world have become concerned about the risk of a collapse or major restructuring of WeWork and are making contingency plans, according to the Times . Global property investor WeWork , which has 10 million sq ft , said it has held internal talks about managing the impact of a sudden return of some or all of the 10 million sq ft of office space it has leased to WeWork . A Landsec -based landlord that counts Hines as a tenant told the Times locations let to enterprise clients would be easier for landlords to operate themselves, but many were questioning what they would do with all the space in a worst-case scenario. A number of landlords, including Hines , British Land and Landsec , have launched flexible office brands over this week .