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WeWork Restructures Real Estate Holdings to Help Address Conflict of Interest Concerns

New Structure Puts Distance Between Company, Executive Property Ownership
We Co. affiliates own the Lord & Taylor Building in New York City as part of a real estate portfolio expected to grow to $3 billion in assets. (CoStar)
We Co. affiliates own the Lord & Taylor Building in New York City as part of a real estate portfolio expected to grow to $3 billion in assets. (CoStar)
CoStar News
August 14, 2019 | 5:05 P.M.

Among analysts’ concerns going into Wednesday’s We Co. filing to take the coworking giant public were questions surrounding founder Adam Neumann's potential conflict of interest in owning properties that he leased back to WeWork.

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