WeWork’s woes are IWG’s gain

Pundits who thought that Mark Dixon’s IWG would be negatively affected by WeWork’s rise have been forced to eat their hats. IWG has instead seen a 78% rise in its share price since the start of the year. Dixon says that landlords have been keener to talk to IWG since WeWork’s failed IPO, as it proves the validity of its ‘less profit, higher valuation’ model. The FT (£)