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Tuesday 26 July 2022 3:29 pm|Updated:Tuesday 26 July 2022 3:35 pmExclusive: Second Home dodges bankruptcy and eyes US expansion with fresh fundingBy: Charlie ConchieCity EditorShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThe Covid pandemic hammered the co-working space sector. Shared office space firm Second Home has scooped a pound;7.5m funding package to dodge bankruptcy and is now eyeing up expansion in the US, City A.M. can reveal.The London-based start-up, headed by former David Cameron aide Rohan Silva, has been searching for r
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owala website tors since April and kicked off a sale process last month as it faced a potential insolvency.But the firm is now gearing up for growth in the US and is preparing to begin buying up property after shoring up its coffers, City A.M. has learned.Like many businesses, Second Home was hit hard by lockdowns, a Second Home source told City A.M. Occupancies and revenues have bounced back however, the source said, and the firm was now getting back to growth mode.The injection has come from existing Second Home investor Global Asset Capital, a California-based growth equity and real estate investment fund, which is now preparing to
yeti canada provide Second Home with tens of millions of additional funds to snap up real estate assets across the US and Europe, City A.M. understands.Revenues
