Yaron Naymark on IWG's value case
Yet Another Value Podcast
CBD Central Business
I think there's no doubt that all these empty buildings are moving towards flex to how filming. I WG has less than a thousand managed locations today. They have probably 65% operating margins on that 150 grand. So every thousand they add is a hundred million EBIT with no capital investment. And it's really, really taking off.
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