IWG said based on current visibility, there would be £230m net growth capital expenditure for calendar 2017, from investmentin roughly 280 locations and 4.8m square feet. Serviced services group business has accelerated growth since its recent trading update . The FTSE 100 group made a number of acquisitions since May , including freehold and long - leasehold buildings that have flexible work spaces . IWG , formerly known as Regus , predicted there would be £ 230 m ( $ 200 m ) in net growth capital expenditure this year with the creation of 4.8 million sq ft in nearly 280 locations . Its financial expectations otherwise remain unchanged .
Serviced services group business has accelerated growth since its recent trading update . The FTSE 100 group made a number of acquisitions since May , including freehold and long - leasehold buildings that have flexible work spaces . IWG , formerly known as Regus , predicted there would be £ 230 m ( $ 200 m ) in net growth capital expenditure this year with the creation of 4.8 million sq ft in nearly 280 locations . Its financial expectations otherwise remain unchanged .