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IWG predicts tipping point for flexible offices after 2017 ‘challenges’

IWG, the world’s biggest serviced office company, struck a more confident tone in its 2018 outlook as it predicted a â”tipping point” for flexible workspaces, despite reporting a drop in profits last year.

The company formerly known as Regus, which runs offices in 3,125 locations, said that it experienced “improved revenue performance” in the fourth quarter of last year, which it said “provides a strong platform for growth in 2018.”

“Sales activity trends remain good and we anticipate improved revenue growth during the year,” the company said in its results for 2017.

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