Brazilian real estate firm HBR Realty said on Tuesday it has filed an eviction action against WeWork due to lack of payment, although the flexible workspace provider denied knowing about such a notice, Reuters reported. The eviction action followed a "breach of the lease agreement" signed between WeWork and SPE HBR1, a unit of HBR, for the rental of the HBR Corporate Faria Lima building in Sao Paulo, HBR said in a securities filing. HBR did not detail how much WeWork owed it but said it had sent notices to the company requesting immediate payment of overdue rent.
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