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• WeWork accepts SoftBank rescue deal

  WeWork’s board has approved investor SoftBank’s multi-billion dollar rescue deal, which will see the telecoms giant assume control of around 80% of the struggling business.

• Investors led by Mactaggart & Mickel make £10m Edinburgh office purchase

  Investors led by family firm Mactaggart & Mickel have purchased two adjacent office buildings in Edinburgh’s New Town for a combined total of £10m.

• Apple signs for 22 Bishopsgate office

  Apple has agreed to lease around 100,000 sq ft of City of London skyscraper 22 Bishopsgate as it waits for its new UK headquarters at Battersea Power Station to be completed.

• SREF sign string of new lettings

  Schroder UK Real Estate Fund (SREF) has secured five new lettings for its London portfolio at Battersea Studios and Kensington Village.

• Proptech firm Essensys sees 26% revenue bump in first year results

  Following its IPO in May flexible office proptech firm essensys has posted its first-year results showing a 26% bump in revenue and a 175% bump in profit.

• Minster Building bags three new tenants

  Ivanhoé Cambridge has signed a trio of lettings totalling 58,000 sq ft at the Minster Building in London.

• WeWork valued at just £6.1bn as Softbank moves to take control

  SoftBank is in advanced talks to take a majority stake in troubled flexible office group WeWork, in a deal that values the group at just $8bn (£6.1bn).