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Ashurst advises WeWork for its second establishment in France

28 Feb 2017

Ashurst LLP advised WeWork, a US company created in 2010, now valued US$ at 16bn, specialised in coworking spaces worldwide, on its second establishment in France based at 64-66 rue des Archives in Paris (75003).

Former headquarters of the Galeries Lafayette, these new premises in the Coeur Marais building, are over 7,000 sq.m and will accommodate up to 1,000 WeWork members from October 2017.

WeWork had already planned the opening of its flagship establishment in early April 2017 (at 33 rue Lafayette, Paris), and continues thus its development in France.

The Ashurst Paris team was led by real estate partner Guillaume Aubatier, assisted by real estate associate Malvina Dahan.

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Corporate
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Corporate & Commercial