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Recent Explore searches: iwg · iwg digital · What will you find today?

😮 Just how many IWG locations are there now!?
Ian Hallett, COO of IWG, shared a chart that shows that their network of spaces (listed just shy of Expand 👇 4,000) is now larger than the next ten competitors combined. While they’ve had their fair share of ups and downs, the network (and group of brands) has been on a path of steady and global expansion of late.
💬 Discuss this.
🗞 Week 11, 2025
🔗 Direct Link
📈 Data
⏱ 5 days ago.
📈 Public firm notes ‘best ever’ FY revenue
Mark Dixon, CEO of IWG, shares the firms FY earnings for 2024 on CNBC, noting revenue is the best Expand 👇 it’s ever been while also highlighting that their spread across 122 countries hedges their risk against potential economic volatility in 2025.
What was their FY earnings? $4.4B system-wide revenue and a net debt of $712M.
💬 Discuss this.
🗞 Week 11, 2025
🔗 Direct Link
📈 Data
⏱ 5 days ago.
🇺🇸 157 new US spaces, and DC bumps Manhattan from 3rd spot
CoworkingCafe’s last quarterly report (using proprietary data as of December 2024) just dropped. Expand 👇 Across the 25 largest US markets they saw:
National mean pricing remained stable for dedicated desks ($300), VO ($120), while hot desks saw a subtle $1 decrease to $149.
A 2% quarter-on-quarter growth nation-wide in number of coworking spaces, up to 7,695 from 7,500. This adds 3.3M sqft, bringing the total flex space to 136.8M sqft. Biggest growth in Salt Lake City (8%) and Austin (5%) by number of spaces. LA still leads the table of most coworking spaces with 292 spaces, followed by DFW (286), Washington D.C. (277) – bumping Manhattan (273) to fourth spot.
Regus remains the biggest individual brand (1,018 locations), with Industrious (147) replacing WeWork (137) in second spot. Spaces (124) and HQ (119) – both also IWG brands -top out the top 5 chart.
Comparing Q4 2024 vs Q4 2023 – 23% growth from 6,251 spaces and a 13% growth (or 16M sqft) in total square footage.
💬 Discuss this.
🗞 Week 06, 2025
🔗 Direct Link
📈 Data
⏱ 41 days ago.
🇬🇧 Big shifts in which flex providers are getting leases
Paul Thomas shares some interesting shifts highlighted by recent CoStar data. We see a big move from Expand 👇 the established brands to newer, high-end operators who are winning more and more deals.
For 2018 to 2022, flex leasing was going to Spaces (25%), WeWork (19%), Regus (16%), Instant Offices (13%), Orega (11%), X+Why (7%), Pure Offices (5%) and Gilbanks (4%).
Fast forward to 2023 and 2024: Cubo (33%), Orega (13%), IWG (13%), 2-Work (9%), Runway East (9%), Re-Defined (8%), Gilbanks (8%) and Wizu Workspace (7%).
💬 Discuss this.
🗞 Week 04, 2025
🔗 Direct Link
📈 Data
⏱ 54 days ago.
📈 REITs gain 4.9% in 2024 despite December headwinds
Despite a challenging December, REITs (Real Estate Investment Trusts) delivered a total return of Expand 👇 4.9% in 2024. The FTSE Nareit All Equity REITs Index faced headwinds in the last month of the year, declining 8.0%. However, certain sectors within the REIT industry performed well, with specialty REITs leading with a 35.9% return. The broader market, represented by the S&P 500, also experienced a decline in December, falling 6.5%.
Why are we talking about REITs in a coworking newsletter? More on that soon…
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🗞 Week 02, 2025
🔗 Direct Link
📈 Data
⏱ 68 days ago.

 

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