Co-working giant WeWork is close to sealing its biggest site in Europe, moving into Goldman Sachs’ Fleet Street headquarters.
Property sources said that the firm - which is plotting one of the biggest floats of the year - has gone under offer to take Peterborough Court, which will be vacated by the investment bank later this year when it moves into its own new headquarters.
The art deco building, a former home of the Daily Telegraph, is reportedly owned by the Qatari royal family.
The move continues the firm’s frenzied expansion drive in the capital this year, snapping up swathes of space for its centres.
The latest deal comes after the firm filed documents for an initial public offering, potentially the biggest of the year after Uber. A recent private fundraising valued the company at $47 billion (£36 billion) after a meteoric rise since being founded by Adam Neumann in 2010.
WeWork declined to comment.
