International Workplace Group (IWG) opens an ultramodern Regus center in the center of Iași as the demand for hybrid work solutions continues to rise
• The Regus Iași center is an impressive workspace, fully equipped with co-working spaces, private offices, meeting rooms, and creative areas.
• The new Regus location is part of a broader effort to provide top-tier facilities in diverse locations as hybrid work becomes a reality for more and more employees.
• The opening follows a partnership agreement with the building’s owner, who invested in the IWG platform to create a flexible workspace in the building.
• In the first half of 2024, IWG signed contracts for 465 new locations globally and rec-orded record revenues, cashflow and earnings growth.
A new ultramodern flexible workspace will open in the center of Iași by the International Workplace Group (IWG), the world’s largest provider of hybrid work solutions, which in-cludes brands such as Spaces and Regus. Demand for space in IWG locations has grown sig-nificantly in Romania as employees increasingly adopt hybrid working.
The new Regus center spans a total area of 1,200 sqm in the modern Sandru Office Iași. It is locat-ed in an office park in the city center, on Soseaua Nationala no. 31, close to numerous facilities such as restaurants, cafes, medical centers and fitness centers.
The new center is part of the International Workplace Group’s efforts to meet the growing demand for flexible, high-quality workspaces in the region. The center will open in Q1 2025 and will provide space for companies and start-ups from a wide range of industries, including technology and busi-ness services. The new Regus location will include facilities such as private offices, meeting rooms, co-working spaces, and creative areas.
The addition of the new Regus location in Iași comes on the heels of the business posting its high-est-ever revenue, cashflow and earnings growth in its history and achieving rapid network growth, signing 465 new locations globally in the first half of 2024 alone.
The owners of the Sandru Office Iași building decided to invest in the International Workplace Group platform to maximize the profitability of the real estate space, capitalizing on the growing demand for hybrid work. IWG provides its partners with access to the company’s full expertise, along with sup-port for design, space planning, sales, and marketing. Annually, the company invests approximately 60 million euros in its global technology platform.
Amid the explosive growth of the market and as companies of all sizes adopt long-term hybrid work, it is estimated that by 2030, 30% of commercial real estate will be flexible spaces. Partners col-laborating with the International Workplace Group can capitalize on this expanding sector with the help of the company’s extensive experience. Hybrid work offers companies a significant cost reduc-tion, with an average saving of 10,750 euros per employee .
International Workplace Group is the world leader in providing flexible workspaces, with nearly 4,000 locations in over 120 countries, giving members access to all locations and business services through the company’s app.
In the context of the ongoing transition to hybrid work, the growth potential is enormous, considering the total of 1.2 billion employees worldwide and the market’s total addressable size—over 1,880 billion euros. In 2023, the International Workplace Group added more than 800 new partner loca-tions, with 83% of Fortune 500 companies among its clients.
Mark Dixon, CEO and Founder of International Workplace Group PLC, stated: “We are strength-ening our presence in Iași with this highly anticipated new opening. As a key business hub, Iași is a fantastic place to expand our plans. The need for high-quality flexible workspaces continues to grow as hybrid work becomes the new normal. We are very excited to partner with RMS CONSULTING to develop the Regus brand through this management agreement, which will add an ultramodern work-space to their building.”
About International Workplace Group PLC
International Workplace Group is the global leader in hybrid work solutions and workspace brands. We create personal, financial, and strategic value for businesses of every size. From some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of International Workplace Group’s hybrid working platform to increase their productivity, efficiency, agility, and market proximity.
International Workplace Group’s unrivalled network coverage includes approximately 4,000 locations across more than 120 countries and 83% of Fortune 500 companies are amongst our growing customer base.
Through our brands including Regus, Spaces, HQ and Signature, we help millions of people and their businesses to work more productively.