WeWork Investor Presentation Deck
Q3 2022 market overview
Systemwide gross workstation sales (SF sold) (¹)
Consolidated gross workstation sales (SF sold)(¹)
Physical occupancy at quarter-end for
consolidated locations
Average commitment length (months)
Consolidated All Access and other legacy
memberships
Q3'20
134k
(8.0m SF)
93k
(5.5m SF)
50%
20
34k
Q4'20
142k
(8.5m SF)
105k
(6.3m SF)
45%
20
13k
Q1'21
163k
(9.8m SF)
120k
(7.2m SF)
47%
21
15k
Q2'21 Q3'21
202k
(12.1m SF)
156k
(9.4m SF)
50%
22
20k
197k
217k
(11.8m SF) (13.0m SF)
153k
(9.3 SF)
56%
21
Q4'21
32k
164k
(9.9m SF)
63%
20
45k
1. The square foot figure is based upon gross workstation sales multiplied by 60 square feet.
2. Occupancy for mature WeWork locations that have been in operation for at least 18 months or are at least 70% occupied as of September 30, 2022, was 72% - ("Mature Occupancy").
18
Q1'22
205k
211k
205k
(12.7m SF) (12.3m SF) (12.3m SF)
166k
(10.0m SF)
67%
20
Q2'22 Q3'22
55k
160k
(9.6m SF)
70%
19
62k
162k
(9.7m SF)
71% (2)
19
67k
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