IWG is the construction and real estate company most prolific at making international expansions, followed by Panattoni Development and SoftBank Group. GlobalData’s construction and real estate foreign direct investment (FDI) company report highlights the current foreign investments made by leading construction and real estate investors. Buy the report here.

IWG has been the most active construction and real estate greenfield investor between Q1 2019 and Q1 2024, according to GlobalData’s FDI Projects Database. The parent company has been actively investing through several of its subsidiaries/company divisions.

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Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.

The majority of IWG investments were in the shared office space subsector. In fact, 100% of its total foreign investments were in this subsector. It also created projects across a further one subsector.

By business function, most (99.8%) of IWG projects were related to business and professional services.

The company has been active across ten world regions, mainly focused on Western Europe which received 37.7% of the company’s greenfield investments between Q1 2019 and Q1 2024. Its top three destination countries (by number of greenfield FDI projects) were the US, Germany and the UK. Combined these three countries account for 28.2% of its total number of construction and real estate investments.

IWG created more FDI projects in 2019 compared to any other year between Q1 2019 and Q1 2024.

Other leading FDI project generators in the construction and real estate industry include Panattoni Development, SoftBank Group, GLP and Hipoteca 43 Lux.

The US is the leading source market for outbound construction and real estate greenfield FDI projects. The country accounts for 17% of total outbound construction and real estate investment projects. There have been 159 unique parent companies from the US that have announced construction and real estate FDI projects between between Q1 2019 and Q1 2024.

To further understand the top construction and real estate FDI companies, access GlobalData’s Top construction and real estate Foreign Direct Investment Companies report.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s FDI Projects Database records greenfield FDI throughout the world in real-time. The data can be used to analyse company cross-border expansion activities as well as identify industry, thematic and geographic trends.