International Workplace Group PLC (IWG) Navigates Post-Pandemic Growth with Flexible Office Solutions
- Miguel Virgen, PhD Student in Business
- Jan 7
- 6 min read
Updated: Mar 10
International Workplace Group PLC (IWG), a global leader in providing flexible workspace solutions, has been actively reshaping its business model in response to shifting dynamics in the post-pandemic world. Known for brands such as Regus, Spaces, and No18, IWG has seen strong demand for its workplace-as-a-service offerings, which provide flexible office space, virtual office services, and coworking solutions. As businesses globally continue to embrace hybrid and remote working models, IWG is positioning itself as a key player in the future of work.
Here’s a closer look at IWG’s recent business moves and strategies that have kept the company at the forefront of the flexible office space industry.
Strong Post-Pandemic Recovery and Revenue Growth
IWG reported a strong financial performance in 2025, with revenue growth driven by an accelerated demand for flexible workspaces as companies reassess their real estate needs. The company’s second-quarter earnings for 2025 showed a 15% increase in revenue year-over-year, underscoring the ongoing shift towards hybrid work models. The demand for flexible office space—which includes hot desking, private offices, and meeting rooms—has been rising steadily as businesses seek greater agility and cost-efficiency in managing their office footprints.
The company’s global network of locations, spanning across 120 countries and more than 3,300 cities, continues to provide a compelling offering for businesses ranging from startups to Fortune 500 companies. With many businesses rethinking long-term office leasing commitments in favor of more adaptable solutions, IWG’s scalable and on-demand workspace options have gained significant traction.
Expansion of Premium and Flexible Office Brands
IWG’s flagship brand, Regus, remains a key pillar of its business, providing affordable, flexible offices for businesses of all sizes. However, in 2025, IWG has also made significant investments in its premium workspace offering, primarily through its Spaces and No18 brands. These more high-end coworking spaces are designed to attract businesses and individuals looking for a more sophisticated and creative work environment, often featuring design-forward interiors and community-oriented amenities.
Spaces has seen particularly strong growth in major urban centers such as London, New York, and Singapore, catering to a creative and entrepreneurial workforce. The demand for these premium, flexible spaces has been driven by both the freelance economy and the rise of small businesses seeking stylish and adaptable office solutions without the need for long-term leases. Meanwhile, the No18 brand, launched to target the executive and corporate clientele, offers bespoke office environments with high-touch services. IWG plans to expand the No18 brand in select cities over the next few years, capitalizing on the growing demand for private offices and executive-level amenities that combine both luxury and flexibility.
Strategic Real Estate Partnerships and Joint Ventures
One of IWG’s major strategies for growth in 2025 has been its ongoing partnerships with real estate developers and landlords to expand its global footprint. In an effort to meet the rising demand for flexible office spaces, IWG has entered into several joint ventures and strategic alliances with prominent real estate firms to lease and operate spaces in prime locations across key global cities.
Recently, IWG announced a partnership with CBRE, the global real estate services giant, to develop new co-working spaces across major commercial hubs. This collaboration is expected to add hundreds of new locations over the next three years, significantly expanding IWG’s reach in North America, Europe, and Asia-Pacific. Additionally, IWG has expanded its brand portfolio to include spaces in non-traditional office buildings, including mixed-use developments, shopping centers, and airports, providing more accessibility for remote workers and businesses. This move is in line with the broader trend of integrating workspace flexibility into diverse urban ecosystems, giving companies access to prime locations without long-term commitments or high overhead costs.
Technological Advancements and the Future of Work
As a key player in the future of work conversation, IWG has embraced technology to enhance its offerings. The company has heavily invested in digital infrastructure to improve its customer experience, increase operational efficiency, and meet the evolving demands of modern businesses.
In 2025, IWG launched a new mobile app that allows members to easily book workspaces, manage meeting rooms, and access cloud-based collaboration tools. The app is part of a broader initiative to make IWG’s office spaces more digitally integrated, allowing businesses to seamlessly transition between physical office spaces and virtual collaboration platforms. The app also includes features that help workers find nearby IWG locations, monitor occupancy rates in real-time, and access a wide range of office amenities.
Additionally, IWG has adopted smart office technology, such as IoT-enabled office equipment, contactless entry systems, and artificial intelligence (AI) to optimize space utilization. These innovations are designed to create a more personalized and efficient workspace for clients, as well as to reduce the company’s environmental footprint by minimizing energy consumption and waste.
Focus on Sustainability and Green Buildings
In 2025, IWG has doubled down on its commitment to sustainability, responding to both consumer demand for greener buildings and stricter environmental regulations in key markets. The company aims to make its global portfolio of flexible office spaces carbon neutral by 2030, aligning with global efforts to reduce corporate carbon footprints and promote sustainable practices.
IWG has made considerable progress in enhancing the energy efficiency of its buildings, implementing green building certifications such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method). These initiatives focus on improving building materials, energy use, and waste management to create more sustainable workspaces. Moreover, IWG is increasingly prioritizing the creation of sustainable, low-carbon office spaces that are designed with environmental considerations in mind. This includes the installation of solar panels, the use of energy-efficient lighting, and the introduction of water-saving technologies in its offices.
The Rise of Hybrid Work Models and Changing Business Needs
The rise of hybrid work models—where employees split their time between the office and remote work—has been a major driver of IWG’s success in 2025. As companies embrace more flexible working arrangements, the demand for flexible office space is higher than ever. IWG has positioned itself as a key partner for companies transitioning to hybrid work models, offering scalable solutions that can accommodate teams of various sizes, from individual freelancers to multinational corporations. The company's ability to provide customizable office solutions that are both flexible and cost-effective is becoming increasingly valuable as businesses shift away from traditional office spaces to more dynamic work environments. In response to these trends, IWG has also introduced new membership models, such as shared workspace subscriptions, where companies can scale up or down based on their evolving needs. This flexibility has been particularly appealing to startups and small businesses that require short-term commitments without long-term leases.
Increased Competition in the Flexible Office Market
As the flexible workspace sector grows, IWG faces competition from WeWork, Knotel, and other regional players. However, IWG remains confident in its ability to maintain leadership in the space due to its strong brand recognition, extensive global network, and diverse range of offerings that cater to a wide variety of customers. The company’s strategic focus on premium and hybrid workspaces, as well as its expansion into new real estate partnerships, positions it well to stay ahead of the curve. Moreover, IWG’s ability to integrate sustainability and technology into its business model helps differentiate it from competitors, allowing it to meet the growing demand for greener, more efficient office solutions.
Conclusion: IWG’s Path Forward
In 2025, International Workplace Group PLC (IWG) is emerging stronger than ever as it continues to lead the flexible office space industry through its innovative business strategies, partnerships, and technological advancements. The company’s ability to adapt to evolving work trends, such as the rise of hybrid work and the increasing demand for sustainability, positions IWG as a key player in the future of work. With a focus on premium office spaces, expanding global reach, and a commitment to digital innovation, IWG is poised to remain at the forefront of the workspace revolution, providing businesses with the tools they need to succeed in an increasingly flexible, remote-first world.
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