SAO PAULO (Reuters) – Brazilian real estate firm HBR Realty has filed an eviction action against flexible workspace provider WeWork due to lack of payment, HBR said in a securities filing on Tuesday.
The eviction action came after a “breach of the lease agreement” signed between WeWork and SPE HBR1, a unit of HBR, for the rental of the HBR Corporate Faria Lima building in Sao Paulo, according to the filing.
WeWork did not immediately respond to a request for comment.
(Reporting by Luana Maria Benedito; editing by Gabriel Araujo)
Comments