Flexible workplace operator International Workplace Group is working to acquire Design Offices, with the transaction currently being assessed by Germany’s federal competition regulator. No additional details will be released until the review concludes, according to Coworking Europe.Â
A national operator with corporate clientele
Design Offices runs about 50 flexible workspace locations across 15 cities in Germany, offering offices, meeting rooms and hybrid workplace services to enterprises, freelancers and small businesses. The company reported €142 million in revenue in 2024, up 4% from the previous year.
Global network strategy
IWG operates roughly 4,000 locations in more than 120 countries and reported around $3.7 billion in revenue in 2024. The company has historically expanded by absorbing regional operators and integrating them into its wider platform of coworking and serviced office brands.
Adding a German operator would expand coverage in one of Europe’s largest flexible workspace markets while combining local relationships with international distribution.
More and more, providers are scaling networks to match hybrid work patterns, shorter lease expectations and demand for managed workplace services.
If approved, the deal would continue the transition of office real estate away from single-building ownership toward multi-location workplace networks designed for distributed teams.
