Hubs operator WOTSO readies to split from Blackwall

The spin-off move is an effort to capitalise on the growing popularity of co-working spaces.

Nick LenaghanProperty editor

Nov 19, 2019 – 4.58pm

Email LinkedIn Twitter Facebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The launch of co-working operator WOTSO as a publicly listed platform has moved a step closer, with shareholders due to vote on its demerger from ASX-listed property fund manager BlackWall just before Christmas.

All going to plan, the demerger would take effect from early January, creating a $35 million unlisted public company and paving the way for a float later next year.

Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts.