Landlords have reportedly been put off by WeWork’s terms to move into a space, which called for landlords to do expensive renovations and sign leases putting the onus on them should anything go wrong in the building. WeWork is now sharing the cost of renovating spaces with landlords. (Globe and Mail)

Talking point: WeWork’s approach to woo landlords is likely driven by its aggressive expansion plans in Toronto; the co-working giant hopes to open 20 locations by next year, and it currently only has seven under construction or available. That problem is exacerbated by the fact that Toronto’s office vacancy rate is below three per cent, the lowest in North America, according to CBRE. With office space companies like Breather and Amsterdam-based Spaces also targeting Toronto, WeWork has to be in landlords’ good books if it hopes to differentiate itself.