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.
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.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Commercial
Fetching latest articles