WeWork CEO John Santora said economic uncertainty driven by tariffs boosts demand for the company’s flexible leasing options. At a recent summit, Santora noted that businesses are increasingly hesitant to sign long-term leases amid concerns about future tariff impacts. WeWork is seeing a surge in lease extensions from existing clients and heightened interest from new companies looking for short-term space. In an interview with Bloomberg, he added that return-to-office mandates could further fuel WeWork’s growth as businesses remain cautious about office attendance trends.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02WeWork CEO John Santora said economic uncertainty driven by tariffs is boosting demand for the
00:07company's flexible leasing options. Speaking in a recent summit, Santora noted that businesses
00:12are increasingly hesitant to sign long-term leases amid concerns about future tariff impacts.
00:17WeWork is seeing a surge in lease extensions from existing clients and heightened interest
00:22from new companies looking for short-term space. In an interview with Bloomberg, he added that
00:27return to office mandates could further fuel WeWork's growth as businesses remain cautious
00:32about office attendance trends. For all things money, visit Benzinga.com slash GSTV.