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WeWork Cancels its Plans for Goya 36 and Puts the Building Up For Sale

The property located in the centre of Madrid, which was going to house a new WeWork coworking space, has been put up for sale for around 50 million euros.

The American giant WeWork, which is currently immersed in a serious corporate crisis that has been exacerbated by the coronavirus pandemic, has put up for sale the building that was going to house its new coworking space in Madrid.

The asset is located on Calle Goya 36 and is owned by a joint venture in which WeWork is the majority shareholder. The firm’s minority shareholder partners are Socimi Excem, which is owned by the Hatchwell family; and the Socimi Merlin Properties, according to Cinco Días.

Read the full article in Spanish.

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