WeWork rival IWG reviews separating its digital and technology assets

FILE PHOTO: The 30 St Mary Axe skyscraper, which is known locally as "The Gherkin" and a building in which IWG (International Workplace Group) provides office space, is seen in London April 24, 2014. REUTERS/Stefan Wermuth

(Reuters) - Office rental company IWG is considering whether to separate its digital and technology businesses from its real estate assets, the company said on Tuesday, breaking its silence over a media report in September about a possible break-up.

The owner of the Regus and Spaces brands, which has offices in more than 3,300 locations across 110 countries, said it had started to assess the strategic and commercial rationale for such a move and would provide updates in the first half of 2022.