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Helical extends London Wework lease amid takeover talks

Summary by City AM
Helical has extended its London lease with Wework until June following a decision late last year to remove the struggling hybrid workplace provider after it could no longer pay its rent.  However last November, Helical, the property investment and development company, allowed Wework to re-enter its Bower building, because they entered into a short-term lease agreement with Wework and received a fee equivalent to the whole of the September quarte…
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City AM broke the news in London, United Kingdom on Monday, April 22, 2024.
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