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Old Posted Sep 30, 2020, 4:45 PM
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SFUVancouver SFUVancouver is online now
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If I'm not mistaken, Spaces = Regus = IWG plc, correct? They're all brands from the same parent company (IWG plc). IWG is also playing the bankruptcy card in several markets with its Regus brands, including proceedings this month to put their entire UK operation in bankruptcy, to get leverage over landlords. With the slow-moving WeWork implosion (I was utterly wrong about their viability, it seems), IWG and its brands seem to be the 800 lb gorilla of the coworking space. Will be interesting to see how things progress during a second wave and any potential lockdowns.
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