Real Estate
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
Infrastructure
WeWork starts hunt for a new CEO
WeWork has started a search for a new chief executive following the departure of co-founder Adam Neumann, people familiar with ......
Infrastructure
ICICI Venture set to hit final close of third real estate fund
ICICI Venture, the private equity arm of ICICI Bank, is gearing up to hit the final close of its third ......
Infrastructure
Nazara founder, other angels curl into bunk beds at hostel chain GoStops
GoStops, a hostel chain focused on young travellers, has raised an undisclosed sum from angel investors including Nitish Mittersain, founder ......
Infrastructure
Will the govt's real estate fund ease the housing sector's pain?
The government’s decision to set up an investment fund to revive stalled housing projects will help improve supply and sentiment ......
Infrastructure
DLF ropes in new finance chief from GlaxoSmithKline
Listed real estate developer DLF has roped in Vivek Anand from GlaxoSmithKline Consumer Healthcare as its new chief financial officer, ......
Infrastructure
What led WeWork to accept SoftBank offer
Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation ......
Infrastructure
SoftBank to write down at least $5 bn for WeWork, Uber, other losses
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
Infrastructure
Brookfield finally checks in at Hotel Leelaventure, marking hospitality debut
Canada’s Brookfield Asset Management Inc. has completed its acquisition of luxury hotels from Hotel Leelaventure Ltd to mark its entry ......
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