IWG expands footprint in Singapore; eyes SE-Asia expansion


IWG, a provider of flexible workspaces, has officially opened a new Regus centre in CapitaLand’s PLUS building at 20 Cecil Street, Singapore.

IWG will be bringing 2,044m2 of flexible workspace under the Regus brand to the heart of the CBD. Spanning two floors in the 28-storey building, Regus at PLUS Building will mark the Regus brand’s 16th centre in Singapore, growing IWG’s local portfolio to 25 centres across four brands – Regus, Signature, Spaces, and No.18.

The expansion comes against the backdrop of global economic reopening and the establishment of dedicated travel lanes, as Singapore seeks to maintain its hub status for businesses in the region through a steady shift towards the “new normal”.

Darren Rogers, country manager for IWG in Singapore, revealed: “We saw strong recovery when workplace restrictions were lifted back in mid-August, with IWG centre visits increasing by over 65 per cent in September from the month before. This proves that there is a healthy appetite for a return to office if workers were given the flexibility to choose where to work.”

“As the CBD looks to regain its buzz and more businesses consider offering hybrid work models for their employees, demand will continue to return to these areas. As a business, we are confident that flexible workspaces play a key role in enabling the future of work and will continue to scale up to provide employees, businesses, and landlords with more options”, Rogers added.

Beyond the city-state, IWG has also expanded its footprint in South-east Asia, having recently opened new centres in Indonesia and Malaysia.

There are three new locations in Jakarta – Signature South Quarter, Regus Jakarta JB Tower, and Signature Menara Astra. Over in Malaysia, there are two new openings as part of a franchising deal with Sheng Tai in Regus MetraSquarem and Spaces the Sail Melaka

“South-east Asia is a key region for IWG’s growth. As part of our long-term strategic plan, we believe that these new locations will support the growing demand for hybrid work post-pandemic, and will open up more possibilities in the future for flexible workspaces,” Rogers added.

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