{"id":110006,"date":"2019-08-19T03:42:14","date_gmt":"2019-08-18T20:42:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-landlords-exposed-to-40bn-in-rent-commitments\/"},"modified":"2019-08-19T04:04:39","modified_gmt":"2019-08-18T21:04:39","slug":"wework-landlords-exposed-to-40bn-in-rent-commitments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-landlords-exposed-to-40bn-in-rent-commitments\/","title":{"rendered":"WeWork landlords \u2018exposed to $40bn\u2019 in rent commitments"},"content":{"rendered":"<p>&#013;<br \/>\nProperty owners have limited recourse if office space provider fails to pay rent&#013;<br \/>\n&#013;<br \/>\nSource : ft.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.ft.com\/content\/83decf7a-c04d-11e9-b350-db00d509634e\" target=\"_blank\">WeWork landlords \u2018exposed to bn\u2019 in rent commitments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Property owners have limited recourse if office space provider fails to pay rent&#013; &#013; Source&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110006","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sCi","jetpack-related-posts":[{"id":116271,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-paid-80-of-its-rent-obligations-and-collected-70-from-clients-ceo-says\/","url_meta":{"origin":110006,"position":0},"title":"WeWork paid 80% of its rent obligations and collected 70% from clients, CEO says","date":"May 12, 2020","format":false,"excerpt":"\r \"The remaining locations, we're just in discussions with our landlords in a friendly way, and therefore we plan to make whole on our entire obligation,\" WeWork CEO Sandeep Mathrani told CNBC on Monday.\r \r Source : cnbc.com\r Read more...WeWork paid 80% of its rent obligations and collected 70% from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-aims-to-cut-rental-costs-through-revenue-sharing-leases-but-can-it-persuade-hong-kongs-landlords\/","url_meta":{"origin":110006,"position":1},"title":"WeWork aims to cut rental costs through revenue-sharing leases \u2026 but can it persuade Hong Kong\u2019s landlords?","date":"December 18, 2018","format":false,"excerpt":"\r How do you keep costs down if you want to aggressively expand your business in the world\u2019s most expensive office location? US co-working space provider WeWork thinks it has the answer. It will try to persuade Hong Kong\u2019s commercial landlords to enter into revenue-sharing arrangements as it takes up\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110967,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-a-problem-for-landlords-in-downturn-centersquares-scott-crowe\/","url_meta":{"origin":110006,"position":2},"title":"WeWork a problem for landlords in downturn: CenterSquare&#039;s Scott Crowe","date":"September 21, 2019","format":false,"excerpt":"\r Scott Crowe, CenterSquare Investment Management, and CNBC's Steve Liesman join 'The Exchange' to discuss the Fed's Rosengren's comments on the co-working space model creating a potential risk.\r \r Source : cnbc.com\r Read more...WeWork a problem for landlords in downturn: CenterSquare's Scott Crowe","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-skipped-april-rent-payments-for-some-us-locations\/","url_meta":{"origin":110006,"position":3},"title":"WeWork skipped April rent payments for some US locations","date":"April 14, 2020","format":false,"excerpt":"\r WeWork has $40B of leases in long-term commitment. Robert Frank reports on the real estate companies with the biggest exposure to this new development. WeWork spaces remain open and is continuing to charge rent.\r \r Source : cnbc.com\r Read more...WeWork skipped April rent payments for some US locations","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-dumps-about-fifth-of-coworking-space-in-breach-of-leases-signed-with-major-hong-kong-landlords\/","url_meta":{"origin":110006,"position":4},"title":"WeWork dumps about fifth of coworking space, in breach of leases signed with major Hong Kong landlords","date":"May 13, 2020","format":false,"excerpt":"\r WeWork, the US real estate firm, is returning about 20 per cent of its Hong Kong premises to their owners, as start-ups, small enterprises and other short-term tenants failed to take up its offering of shared working space in the city.It has given up 182,000 sq ft in Causeway\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-hit-by-rise-in-unpaid-rent\/","url_meta":{"origin":110006,"position":5},"title":"WeWork hit by rise in unpaid rent","date":"April 7, 2020","format":false,"excerpt":"\r Thousands of tenant companies halt payments or try to break leases as coronavirus empties offices\r \r Source : ft.com\r Read more...WeWork hit by rise in unpaid rent","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110006"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110006"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110006\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}