Opinions
Joshua Varghese
The We Company (WeWork)
WEWORK-N
COMMENT
Oct 09, 2019
WeWork is the largest user of Manhattan office space. If that IPO is unsuccessful it could have a major impact on the real estate market there. Who would back-fill the commitments to the space. It is not so much of an impact in Canada however. The multiples applied to WeWork are high.
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Stock price when the opinion was issued
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