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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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How The Mailbox Ends Up Writing A Letter To Its Creditors
News

How The Mailbox Ends Up Writing A Letter To Its Creditors

... Nichols department store. It totals 698K SF. In May 2022 IWG opened a new 50K SF serviced office facility under its ...

May 03, 2023
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Too Much WeWork In A Building Still Makes Investors Nervous
News

Too Much WeWork In A Building Still Makes Investors Nervous

... the downfall of Regus, which has since been bought by IWG (which is working toward a sale itself). Judging by SoftBank ... in coworking. Optimists consider the diversification to be positive, but IWG CEO Mark Dixon wonders if WeWork is repeating Regus' mistakes ...

Aug 29, 2018
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1441 L Street Rendering  Rooftop
News

Exclusive: Spaces Leases Top 3 Floors At Downtown D.C. Building GSA Recently Vacated

... deal. JLL's Kevin Brant represented Spaces, a subsidiary of IWG, formerly Regus. S.C. Herman owns six D.C. ... facility with lockers and showers, plus a bike storage facility. IWG Vice President of Network Development for the Americas Michael Berretta ...

Aug 01, 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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WeWork CEO and co-founder Adam Neumann
News

WeWork's Valuation Could Balloon To $40B Behind More SoftBank Cash

... with larger footprints, like U.K.-based shared office pioneer IWG, which has 3,000 locations compared to WeWork's 270 ... (as of 2017), there is considerable contrast. While IWG is valued at $4.1B, or seven times its earnings ...

Jun 14, 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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Brickell Key
News

Miami's CBD Is Getting Mind-Boggling Office Rent Increases. Thank Tech

... many companies that have entered into licensed agreements with WeWork, IWG, Industrious and so on because they are recruiting talent, they ...

Jul 17, 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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