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Saturday, November 23, 2024

IWG opens 4 new state-of-the-art flexible coworking locations

IWG, the world’s largest provider of hybrid working solutions with brands including Regus, Spaces and HQ, announced the opening of four state-of-the-art flexible workspaces in the Philippines in May 2024.

These include two Regus centers including one in Nepo Centre, Angeles City, Pampanga on May 6 and another in Adriatico, Manila on May 10.

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These launches were followed by the HQ Triumph building in Quezon City on May 14 and a Spaces in PNB Makati on May 15. The new, strategically situated workspaces are part of IWG’s continued global expansion, after adding 867 locations worldwide in 2023.

“We are pleased to announce the opening of these four new locations in the Philippines this month. We see immense potential in the country’s hybrid work landscape and as important business hubs in the region, these latest openings are aimed at strengthening our expansion plans, while levelling up the quality of the nation’s infrastructure to drive its economy into the future,” said Lars Wittig, senior vice-president for APAC North of IWG.

“These new centers are a testament to the fact companies are realizing flexible working is an enabler of employee productivity and improves sustainability, while increasing scalability so that businesses can grow faster while exerting greater control over costs,” he said.

The addition of IWG’s latest locations comes on the back of rising demand for hybrid working in the country.

According to PwC, 51 percent of Philippine respondents prefer the hybrid work model, with rising foreign investment, strong GDP numbers and growing affluence driving this trend.

The new locations bring IWG’s presence to 31 centers, and IWG expects the number to exceed 40 by the end of 2024– doubling the number of open locations compared to last year.

The extensive IWG network includes locations in key cities such as Davao, Cagayan de Oro, Iloilo, Cebu, Subic, Angeles City,  Baguio, and throughout the National Capital Region.  With soon to be over 40 locations nationwide, IWG offers the largest network of flexible working spaces across the Philippines.

IWG’s growth strategy, rooted in partnership with local partners and investors, has established a robust network of hybrid working spaces that enable businesses of all sizes to thrive.

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