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Brookfield Makes Takeover Proposal For World’s Largest Serviced Office Firm
News

Brookfield Makes Takeover Proposal For World’s Largest Serviced Office Firm

... company confirmed it had received an indicative proposal, even though IWG said there was no certainty about the price Brookfield and ... highly cash generative and minimally financially geared.”A purchase of IWG by Brookfield would be the latest example of a ...

Jan 01, 2018
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This Is How Coworking Firms Go Bust
News

This Is How Coworking Firms Go Bust

... Clubhouse, has been bought by global giant IWG, which has taken over its four London ... coworking operators looking to lease their space.  IWG is also in talks to take over ... that had been approached about a deal, IWG, ultimately ended up taking over the leases ...

Nov 25, 2019
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Crosstree To Buy £330M Flex Office Platform As It Completes £400M Hotel Refi
News

Crosstree To Buy £330M Flex Office Platform As It Completes £400M Hotel Refi

... 2018. In 2021, the business went into administration after rival IWG bought into the company’s debt and ultimately triggered a ...

Mar 31, 2025
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Coworking: Coming To A Suburb Near You?
News

Coworking: Coming To A Suburb Near You?

... you might see a change in location preference from customers,” IWG UK chief executive Richard Morris said. “People want to work ...

Jun 17, 2020
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WeWork Old Street Commons London
News

The Year WeWork And Co. Skewed The London Market

... can truly be said to be leased, since operators like IWG, WeWork or The Office Group now have to fill it ... provide detailed data. The only listed player in the sector, IWG, said earlier this year that it had an occupancy level ...

Dec 20, 2017
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WeWork Raises $3B More From SoftBank, Now Valued At $42B
News

WeWork Raises $3B More From SoftBank, Now Valued At $42B

... world’s biggest serviced office firm by number of desks, IWG. IWG has around 3,000 sites compared to WeWork’s 170.

Nov 13, 2018
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WeWork Old Street Commons London
News

WeWork Might Dominate The Headlines But It’s Only A Teeny Tiny Part Of The Booming Flexible Office Market

... as it opens the offices in its large leasing pipeline.IWG has the biggest London market share with 8%, followed by ... the cycle, providing an opportunity for consolidation. And last year IWG Chief Executive Mark Dixon told Bisnow the sector would favour ...

Jun 27, 2018
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The Flex Conundrum: Where Is The Money Going?
News

The Flex Conundrum: Where Is The Money Going?

... to Broadcasting House by spring 2024. The moves came as IWG, a giant among flex operators, trumpeted 25% year-on-year ... money in a difficult economy. Stock market reaction was cool: IWG’s share price on the London Stock Exchange continued its ...

Nov 03, 2022
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This Week's London Deal Sheet
News

This Week's London Deal Sheet

... for 18K SF; and Hambro Perks, which took 6K SF. *** IWG has opened a new 18.5K SF workspace as part ...

May 26, 2022
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How To Prepare For The Nuclear Bomb That Will Hit Flexible Offices
News

How To Prepare For The Nuclear Bomb That Will Hit Flexible Offices

... Size mattersAlongside established giants like IWG and WeWork, big private ... that change.” Growing quickly is hardLondon-listed IWG recently unveiled a profit warning, saying its ... can prepare for it.” Partnership has been IWG's key to staying strong through ups ...

Nov 01, 2017
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