WeWork set to target 'Enterprise Members' to fill the space in its major development on London’s South Bank
WeWork is targeting larger companies to fill the space in its major development on London’s South Bank as it attempts to challenge traditional landlords and justify its lofty valuation. The company snapped up 280,000 sq ft of space near Waterloo Station last year to set up its brand of flexible offices, known as co-working. When the building, called Two Southbank Place, is completed, it will be the world’s largest co-working space. It has now emerged that it will mostly target so-called Enterprise Members – companies with more than 1,000 employees – to fill the space as it looks to move towards housing larger firms rather than start-ups.
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