China’s economy grew by 6.3 percent in the second quarter, compared to a year earlier, showing that the country is on track for recovery, although with challenges still remaining, many companies have adopted a “wait-and-see” approach to big decisions, such… Read More>>
China Office Surge Challenges Landlords to Enhance Facilities, Services Sponsored Feature
Office landlords in China’s largest commercial hubs are rolling out more than 10 new projects in 2023, challenging owners of existing properties to compete for tenants and align their offerings with changing occupier demand, according to agency statistics.
In Shanghai… Read More>>
How Flexible Office Partnerships Can Boost Occupancy in China Sponsored Feature
Average vacancy in Shanghai’s grade A office market reached 16.5 percent at the end of 2022, according to the most recent report from Cushman & Wakefield, with the broad range of choices available to occupiers putting pressure on landlords to… Read More>>
IWG Forms Greater China Flexible Office JV with Hong Kong’s Hysan
Flexible office provider IWG and retail and office landlord Hysan Development will form a joint venture with the exclusive right to operate all IWG brands in Hong Kong and throughout the Greater Bay Area, the companies announced Monday.
The JV… Read More>>
IWG Grabs Two Floors at Raffles Place for New Regus Singapore Location
Flexible office giant IWG is adding 22,000 square feet (2,044 square metres) of workspace across two floors in CapitaLand’s Plus building at Singapore’s Raffles Place.
The arrangement will bring Switzerland-based IWG’s Regus brand to the 28-storey building at 20 Cecil… Read More>>
IWG Rolls Out “McDonald’s-Style” Regus, Spaces Franchises in Hong Kong
While WeWork’s IPO fiasco continues to shake the co-working universe, the world’s largest serviced office provider has announced that it has begun making available franchise opportunities under its Regus and Spaces brands in Hong Kong.
IWG, which started operating flexible… Read More>>
IWG Brings Regus Franchise Sale Plan to Singapore, Greater China
While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which operates five times more flexible office globally than the co-working pioneer, is expanding a franchising program in a bid to offer… Read More>>
Regus Parent IWG Sells Japan Business for £320M in Shift to Franchise Model
IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the flexible office provider shifts toward a franchise model.
The London-listed firm is selling 100 percent of the equity in the… Read More>>
IWG’s No18 to Open Upscale Co-Working Centre at Capitol Singapore in Q3
No18, the top-end stablemate of flexible office giant Regus, is set to open its first Asian location in the third quarter of this year, after leasing 20,600 square feet (1,913 square metres) near the island nation’s City Hall metro station.
The Workspace Revolution, and How It’s Dynamically Changing the Property Industry Sponsored Feature
Picture an office. You’re probably thinking of linoleum, green walls and a gloomy atmosphere that you need to travel down a congested motorway to get to, day in, day out. But a workspace can, and should, be so much more…. Read More>>