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Report: WeWork parent could lose lease deal at Amsterdam property

DZ Bank AG's Union Investment is considering canceling a deal to lease space to the parent of coworking giant WeWork Cos. Inc. at the 5 Keizers office building in Amsterdam, Bloomberg News reported, citing unnamed sources.

The asset manager could instead prefer another tenant over The We Co. at the complex, the unnamed sources told the news outlet, adding that the coworking company could still end up occupying the space.

We Co. recently decided to postpone its planned IPO indefinitely.

Bloomberg could not get a comment from Union Investment or WeWork.