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Real estate: vacant offices? The start-up Sora gives them a new life

2024-02-28T08:44:48.377Z

Highlights: Sora was launched in mid-January by a former WeWork employee. It allows companies locked in a lease that is too long to put an end to. When a company wants to rent offices, it most of the time signs a commercial lease contract which binds it for a minimum of nine years. So it happens that a company has to leave its offices during the lease without being able to terminate it, consequently forced to continue paying rent for several months. The start-up Sora gives them a new life.


This platform, launched in mid-January by a former WeWork employee, allows companies locked in a lease that is too long to put their


When a company wants to rent offices, it most of the time signs a commercial lease contract which binds it for a minimum of nine years, with the possibility of termination every three years, hence the name 3/6 lease. /9 which is often attributed to him.

Very supervised and designed to protect the tenant company, this situation sometimes confines it a little too much.

Especially since new organizations – teleworking, flex office – enter the equation and the workforce is also changing significantly.

So it happens that a company has to leave its offices during the lease without being able to terminate it, consequently forced to continue paying rent for several months.

However, when we know that it is the second largest cost item in their accounts, companies would necessarily like to lose as little money as possible.

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Source: leparis

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