Has anyone here researched or invested in IWG? I’m considering them but haven’t made up my mind yet.
Here’s what I’ve learned so far:
- They are the world’s largest provider of flexible workspace.
- WeWork has driven the trend for this kind of working, which IWG are benefiting from.
- Lots of companies moving to flexible workspace, especially in US and Canada.
- Unlike WeWork, they are profitable.
- Shares up 77% in a year.
- It has been selling off some international arms to focus on being a franchiser rather than an operator.