Headlines
Office space provider IWG touts record US business despite tariff threat
Published by Global Banking & Finance Review®
Posted on May 6, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 6, 2025
1 min readLast updated: January 24, 2026
IWG reports record US business performance despite trade tariffs, with March achieving peak sales and inquiries. The company expands its share buyback programme.
(Reuters) -Office space provider IWG said on Tuesday its core activities were not directly impacted by trade tariffs imposed by President Donald Trump, and that its business indicators in the U.S. were at an all-time high.
"March was a record sales month, and lead indicators such as enquiries and tours are running at all-time highs in the U.S. despite the challenging macroeconomic backdrop," CEO Mark Dixon said.
IWG said it had not seen any impact on signings or openings to date, as it posted a 2% rise in first-quarter system-wide revenue and affirmed its annual forecast.
The company expanded its share buyback programme to $100 million from $50 million earlier.
(Reporting by Simone Lobo in Bengaluru; Editing by Rashmi Aich)
The article discusses IWG's record US business performance despite the threat of trade tariffs.
March was a record sales month for IWG, with lead indicators at all-time highs.
IWG stated that its core activities have not been directly impacted by trade tariffs.
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