IWG CEO Says Board Are 'Confident in the Future' as Buyout Talks End

The video discusses IWG's board confidence in future growth, highlighting strong interim results and a focus on expanding the business rather than pursuing a management buyout. It addresses challenges in the UK market, particularly with older centers needing refurbishment, and emphasizes the global growth potential in the real estate industry. The discussion also covers costs associated with modernization and refutes concerns about oversupply in London. Finally, it touches on potential approaches from investors and the board's responsibility to act in shareholders' best interests.

What is the current state of the short-term space market in London?

How is IWG adapting to the disruption in the real estate industry?

What role do property owners and investors play in IWG's growth?