Cushman & Wakefield makes strategic investment of $150m in WeWork

Cushman & Wakefield has made a strategic investment of $150 million in WeWork.

Nathaniel Robinson, Cushman & Wakefield’s CIO & executive vice president of strategic planning, will serve as an observer to WeWork’s board of directors.

The first initiative will focus on helping building owners and corporate occupiers improve the daily-user experience through use of WeWork’s proprietary software, which will integrate traditional building features like access control and reservation systems with onsite hospitality and amenity programming. The same technology will also provide access to critical-asset usage data, guiding capital investments to support leasing, tenant, or employee retention, operational efficiency, ESG/energy goals and, ultimately, return on investment.

The second initiative will allow owners to create new revenue streams by operating flexible workspace centers within their portfolio. As tenants grow out of the flex space, Cushman &am