Companies

Flexible space: Second coming of WeWork set to make original vision pay off

Following the spectacular fall of WeWork founder Adam Neumann in 2019, the office provider is re-establishing itself as a power in its field, and preparing to capitalise on the current turmoil in the post-pandemic office market. Will its gambits work?

WeWork: the spectacular fall of one of the world’s most valuable start-ups was viewed as a catastrophic tale

It was not that long ago that WeWork spooked commercial real estate agents in Dublin.

When the extravagantly well-funded flexible space start-up made its first moves into the country in 2018, it entered a busy market.

Long-term players, such as Glandore and Regus, were established and expanding. Newer entrants such as Iconic Offices were rapidly buying up space, and by the time WeWork had opened its first location in Iveagh Court, Dublin 2, the long-established ...