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A New York University professor rips apart WeWork’s valuation, according to Business Insider. Investors are about to take a flight to quality, reports Kiplinger’s. These are among today’s must reads from
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Walgreens is closing 200 locations and CVS is pulling back on new openings. What’s behind these moves?

Neighborhoods will see fewer corner drugstores as Walgreens has revealed recently it will shutter 200 U.S. stores, and

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While median compensation across all executive positions registered an increase, 33 percent of CEOs saw a decrease.

One-third of

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In a fundraising round this week, WeWork’s rival raised $400 million from foreign investors.

(Bloomberg)—Knotel Inc., which pitches itself as a steadier investment than much

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As interest rates are cut, commercial real estate pros expect stability in the capital markets.
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Occupancy has reached the highest level in years, but an economic downturn might pose a threat.

Despite more than a decade of strong growth under its belt, the apartment sector occupancy rate continues to hit new highs.

"Terrific absorption

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The Wall Street Journal compares WeWork and its competitor IWG. Opportunity zones and co-working spaces lure start-ups and investors looking for companies to back, reports The New York Times. These are among
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The rebate for WeWork’s U.K. properties stems from the fact the company charges its tenants a flat rate, including an upfront property tax payment.

(Bloomberg)—WeWork, which has grown into

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