IWG Lauds Hybrid Work 'Juggernaut' And Avoids WeWork Share Drop
IWG hailed changing work practices for soaring revenue although challenges remain for flexible workspace specialist.
IWG hailed changing work practices for soaring revenue although challenges remain for flexible workspace specialist.
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.
IWG reported record revenues for full-year 2023 and debts down over £100M, but losses were up, and it stressed caution for 2024.
Regus is moving into a former WeWork building in Miami Beach.
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.
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.
IWG has rebuffed yet another set of bids
Brookfield would be buying low and would focus on corporate clients and tidying up its portfolio in an IWG acquisition
The flex space market continues to grow — massive space provider IWG wants to help building owners tap into new U.S. markets.
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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