UK agents split over threat posed by WeWork’s new business line

News that WeWork has entered the leasing business in the US has caused a stir among UK agents.

However, they are divided over the likely impact this would have on their market if WeWork tried it on this side of the Atlantic.

The flexible workspace giant has launched a new division, WeWork Space Services, which aims to provide leasing advice to small- and medium-sized tenants. This will involve helping them find new office space both within their own property portfolio and outside it.

The pilot – which launches in September in New York – will be