Can wework be profitable?

WeWork highlights CBRE's forecasts that coworking will grow between 13 and 22% of total square feet of office supplies in 2030, while FTI consulting forecasts 30% of the total office supply. Leases involve longer-term commitments, often signed by business clients or larger organizations looking for exclusive office space at WeWork locations. WeWork highlights that while they only have approximately 1% or less of the market's total office space in many of its major markets, they have been responsible for 10 to 40% of the leasing activity in those markets. For example, white-labeling WeWork spaces or providing personalized office environments for corporate clients.