WeWork Discounts Rents By Up to Half. What Does This Mean for Investors?

It's fair to say 2020 has been horrendously unkind to both office space and those who invest in it. Since the coronavirus pandemic really took hold back in March, demand for office space has waned tremendously, as most employers sought to bring their workforce remote. In fact, WeWork has seen a decline in revenue since the pandemic kicked off, so it's employing new tactics to attract and retain tenants -- namely, discounted rent.