A major real estate deal was recently made in the City of London. WeWork, the US coworking giant, has chosen the exciting Devonshire Square complex between Shoreditch and the City, to make its largest acquisition on British soil.
Funded by Softbank and currently valued at $20bn, WeWork joined forces with Danish pension fund PFA Ejendomme and property investment managers TH Real Estate to buy the 13-building estate for £580m from Blackstone.