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WeWork owner launches $2.9B real estate acquisition platform
short by Arundhati Rawat / on Thursday, 16 May, 2019
US-based co-working space startup WeWork's parent The We Company has launched ARK, its global real estate acquisition and management platform. ARK will initially deploy $2.9 billion in total equity capital, with reportedly $1 billion from Ivanhoé Cambridge, a unit of Canada-based investor, CDPQ. Founded in 2010, The We Company also operates WeLive and WeGrow.
read more at Reuters