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Shares in world’s largest serviced office company fall as costs temper profit forecasts
The UK company is bigger and more profitable than its US-listed competitor — but has a far lower valuation
Serviced office group to review structure as competition heats up with rival WeWork
IWG and Derwent London reveal tenants are interested in newer spaces and shorter leases as sector recovers
Private markets offer no refuge for the serviced office owner as founder Mark Dixon battles WeWork
Bosses have cost incentives for offering staff better quality of life via hybrid working
Underlying earnings set to be ‘well below’ those posted in 2020 as recovery takes longer than expected
Occupancy started to pick up in March and April after challenging quarter
Staff of Japan’s NTT will be able to choose from more than 3,300 sites as companies rethink links with office
World’s largest flexible office company takes another £160m hit to cover pandemic costs
Offices and residential look to fill the gaps as stores beat retreat
Business model leaves the flexible office provider in the wretched middleman position
UK-based flexible workspace provider swings to a pre-tax loss of £176m as rents in city centres suffer
Deal is first move by UK group to capitalise on competitor’s retrenchment
Flexible office provider sees opportunities to buy rivals hit by coronavirus
English companies with shared offices excluded from coronavirus rescue package
Remote working from home is bad news for co-working space providers
Buy the gold dip; bet on CMC Markets; working from home
Lossmaking US group’s rival demonstrates how less profit can mean a higher valuation
The main driver of IWG’s revaluation is a shift to a franchising model
Development comes as rival WeWork prepares for stock market listing
Owner of Regus brand to sell off assets in face of competition from WeWork
UK office space provider has been spending heavily to keep up with its US rival
£320m deal maintains the group’s brand as rivalry in co-work spaces steps up
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