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IWG Sets $1 Billion Profit Target, Spearheading the Hybrid Work Revolution into 2024

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IWG, a major coworking rival to WeWork , recently announced its decision to resume regular dividend payouts and set a medium-term core profit target of $1 billion, according to a report published by Reuters. The company’s decision comes in response to the gradual recovery of office landlords from the pandemic-induced lows.

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WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?

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percent in San Francisco, up from 10 per cent in late 2020, according to data from CBRE.” This raises questions for U.S. real estate as well as U.S. commercial banks. “In the second quarter of the year, average vacancy rates hit 31.6 real estate, U.S. cousins?