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.