Office

WeWork International now discloses only the holding company’s results.

Tenants in Boston cut down on office and lab space in Boston and surrounding suburbs for the first time since 2009.

Office users want flexibility during uncertain economic times, but flexible lease terms provided by co-working operators offer tenants a quick out with few financial consequences.

The Wing is a female-focused co-working start-up in which WeWork owns a minority stake.

Hines says the move was in response to demand from some of the firm’s institutional investors.

The deal comes just a month after Nightingale Properties and Wafra Capital bought the property for $909 million.

The company’s two newly appointed CEOs need to quickly figure out how to raise enough money by next spring.

The next question after WeWork tried to resolve its governance issues is: does its business model make sense?

WeWork needs to go public by the end of the year in order to secure a $6 billion debt financing.

Two senior company executives, Sebastian Gunningham and Artie Minson, will be appointed as co-CEOs.