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IWG hailed changing work practices for soaring revenue although challenges remain for flexible workspace specialist.
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WeWork's former CEO Sandeep Mathrani was working on deals to hand over operations at some locations but was unable to win approval from SoftBank.
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IWG reported record revenues for full-year 2023 and debts down over £100M, but losses were up, and it stressed caution for 2024.
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Regus is moving into a former WeWork building in Miami Beach.
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IWG expanded at a record pace in the first half, adding 496 centers via capital-light deals. But a profit warning sent shares tumbling in London trading.
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IWG CEO Mark Dixon is to hand over the reins at the flexible workspace company he founded nearly four decades ago to take up the chairmanship of the company.
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IWG has rebuffed yet another set of bids
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Brookfield would be buying low and would focus on corporate clients and tidying up its portfolio in an IWG acquisition
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The flex space market continues to grow — massive space provider IWG wants to help building owners tap into new U.S. markets.
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The world's biggest flexible office space operator is planning on opening hundreds of new coworking spaces in the U.S. this year.
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