International Workplace Group, a hybrid workspace platform with brands including Spaces and Regus, opened a flexible workspace in Bangalore, Karnataka. With the long-term shift to more flexible working methods, IWG is expanding its network to keep pace with the rising demand for flexible workspaces across regions. The addition of International Workplace Group’s latest location in Bangalore comes on the heels of the business posting its highest-ever revenue, cashflow and earnings growth in its history and achieving rapid network growth, signing 899 new centres to its network in 2024 and opening 624 new workspaces.
The launch of the Regus office in Bangalore marks yet another significant milestone for IWG as it reaffirms its commitment to empowering businesses and individuals with innovative workspace solutions tailored to the demands of the modern workforce. Situated on Global Tech Park, O Shaughnessy Road, Langford Town, Langford Gardens, this new location is part of a drive-by International Workplace Group to meet the sharply rising demand for top-class flexible working space in the area.
The first floor of the building will provide space for established firms and start-ups, including IT&ITES, telecom, pharma, biotech, textiles, agritech, logistics and others. The new Regus location will include private offices, meeting rooms, co-working and creative spaces. Professionals will enjoy access to various thoughtfully designed flex spaces, allowing them to choose setups that align with their preferred work styles. Options range from fully equipped day offices and compact small offices to customisable workspaces and expansive suites, all move-in ready with high-quality furnishings and robust, secure IT infrastructure.
The building owners decided to invest in the International Workplace Group platform to maximise the return on their real estate space by capitalising on the rapidly expanding demand for hybrid working.
Research by leading academics has found that flexibility in working patterns offers many benefits for employees, including enhanced work-life balance, financial savings, and health improvements. Employers also benefit from hybrid models through increased productivity, cost savings, and a more efficient, engaged workforce.
With explosive market growth as companies of all sizes adopt hybrid working for the long term, it is predicted that 30% of all commercial real estate will be flexible workspace by 2030. With International Workplace Group, partners can capitalise on this fast-growing sector while being supported by International Workplace Group’s unparalleled experience. Hybrid working offers companies a significantly lower cost base with an average saving of $11,000 per employee.
International Workplace Group is the global leader in hybrid working. It features thousands of locations in more than 120 countries, and members can access all of the locations and business services via the IWG app.
As the ongoing shift towards hybrid working accelerates, the potential for further growth is exponential. With an estimated 1.2 billion white-collar workers globally and a total addressable market of more than $2 trillion, International Workplace Group welcomed 899 new partner locations in 2024 and counts 83 per cent of Fortune 500 companies among its customer base.
Mark Dixon, CEO & Founder of International Workplace Group PLC, commented, “We are establishing a stronger and much-needed footprint in Bangalore, Karnataka with this latest opening. As an important business hub, Bangalore is a fantastic place for us to boost our expansion plans. We are very pleased to partner with Rurabi Ventures Private Limited to develop the New Regus centre under a management agreement that will add a cutting-edge workspace to their building.
“Our opening in Bangalore comes at a time when more and more companies are discovering that flexible and platform working is incredibly popular with employees, improving their work-life balance and satisfaction while providing many benefits to companies. Our workplace model is proven to increase productivity and allows a business to scale up or down at significantly reduced costs while providing access to thousands of locations.”
Harsh Lambah, Country Manager of India and Vice President of Sales, IWG, said, "We are excited to announce our expansion into Karnataka by opening our latest Regus centre in Bangalore, a city known as the Silicon Valley of India. Bangalore marks a significant step in our regional growth strategy. This new centre will provide the latest flexible workspace amenities, including office space that can be rented on a short or long-term basis and customised according to client branding and layout needs. We plan to expand further into other cities in Karnataka, strengthening IWG’s growing footprint in the region. Our commitment is to support local businesses and individuals' growth and success by providing first-class workspace solutions tailored to their unique requirements."
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