Having sold for €106.5 million in 2018, No 2 Dublin Landings has now been sold again for just over €50 million. Under the terms of the process confirmed by the US bankruptcy court, WeWork eliminated $4 billion of its pre-petition debt and will save $12 billion (€11.45 billion) in projected lease liabilities. It amended the terms of more than 170 of its office leases and exited from 160 of its locations. As part of that process, the flexible workspace giant negotiated a €1.38 million reduction in its annual rent for No 2 Dublin Landings, bringing the figure from €5.38 million to €4 million. It also handed back the smaller of the six-storey building’s two penthouse top floors, which measures 21,000 sq ft

Source: The Irish Times November 10, 2025 12:52 UTC