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IWG plans £250m sale and leaseback

IWG is looking at raising £250m through a sale and leaseback of more than 10 UK buildings.

The flexible office provider has instructed Doherty Bains to look into a deal, which would give it more cash to weather the coronavirus crisis.

Meanwhile a consulting firm has served Regus with a statutory demand for withholding its deposit, worth two months’ rent. IWG boss Mark Dixon denies that the payment is late.

The Times (£)

 

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