Prime US REIT Tower I at Emeryville. (Google Maps)

Prime US REIT looks set to lose the tenancy of a WeWork subsidiary at its Emeryville office tower, but the REIT has shrugged off concerns of any financial impact.

The REIT first disclosed in June 2021 that it was approached by the tenant to restructure its lease.

Related: Prime US REIT in talks with WeWork subsidiary on lease restructuring

Dear members, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.