WeWork Results Presentation Deck
WeWork represents an outsized portion of demand
Q1 2022 leasing activity
Market
United States
Boston
New York
Miami
San Francisco
Europe (4)
London
Dublin
Paris
Berlin
WeWork
Occupancy
incl. SNO
64%
68%
67%
97%
71%
80%
76%
86%
77%
87%
WeWork
Physical
Occupancy
63%
65%
66%
92%
69%
77%
72%
86%
73%
83%
WeWork as
a % of
Market
Stock (1)
~0.5%
~2%
~1%
~1%
~1%
~0.5%
~1%
~1%
~1%
~0.5%
Q1 2022
Traditional
Market Square
Feet Leased
47m
1,040k
7,200k
830k
1,730k
23k
2,190K
470k
4,050k
1,540k
1. Please refer to "Market Share Methodology and Sources" for additional information on methodology and sources.
2. WeWork leasing activity based on total new desks sold and renewed in each market multiplied by 60 rentable square feet per desk.
3. WeWork's Q1 2022 equivalent percent of traditional leasing activity divided by estimated percent of office stock.
4. Europe excludes Russia, Amsterdam, and Stockholm markets due to lack of available information.
5
Q1 2022
WeWork
Square Feet
Leased (2)
4.1m
260k
1,250k
70k
300k
2.4k
850k
60k
300k
230k
Equivalent % of
Q1 Traditional
Square Feet
Leased (¹)
9%
25%
17%
9%
17%
10%
39%
13%
8%
15%
WeWork Q1
Leasing as a
Multiple of
Market Stock (3)
21x
15x
15x
14x
23x
23x
27x
12x
12x
30x
wework
Ⓒ2022 WeWorkView entire presentation