If skittish markets continue to whipsaw, and growth slows, WeWork’s valuation is almost certain to wobble. The health of America’s commercial real estate market is closely tied to the success of WeWork’s IPO, according to Colliers International. “Investors are looking for a return on their investment in this market,” said David Rosenberg, president and chief economist at S&P Global Market Intelligence. A successful IPO will create incremental demand in the sector according to Alex Snyder, an analyst at CenterSquare, and an unsuccessful deal will likely result in the entire sector taking a hit.
The health of America’s commercial real estate market is closely tied to the success of WeWork’s IPO, according to Colliers International. “Investors are looking for a return on their investment in this market,” said David Rosenberg, president and chief economist at S&P Global Market Intelligence. A successful IPO will create incremental demand in the sector according to Alex Snyder, an analyst at CenterSquare, and an unsuccessful deal will likely result in the entire sector taking a hit.