Regus to open 4 more centers in PH

MANILA, Philippines–Regus, a global provider of “flexible workspace,” said it would open four more business centers in key commercial hubs in Metro Manila by the end of April this year.

In a statement, Regus said one new center each in the cities of Makati, Mandaluyong, Pasig and Taguig would be opened in the first four months as part of its “unprecedented expansion” in the country, which was “buoyed by confidence in the Philippine market.”

The company did not disclose, however, how much would be spent to acquire or lease the additional sites.

The new business centers, whose office space can be used by individual Regus members as well as client-firms, will be located at the Nomad PBCom Center in Makati City, Polar Business Center in Mandaluyong City, Marco Polo Hotel in Pasig City, and Eco Tower at Bonifacio Global City in Taguig City.

These four upcoming locations will bring to 17—16 in Metro Manila and one in Cebu City—the total number of Regus centers in the country by April.

“The launch of four new centers in the first four months of 2015 marks an unprecedented move for Regus in the Philippines. In comparison, Regus Philippines opened four new centers in all of 2014; and the first four centers in the Philippines took 12 years to establish. This newfound optimism and confidence in the Philippines is primarily due to the growing demand for flexible workspace solutions from business owners, employees and employers,” said Regus Philippines country manager Lars Wittig.

“We are accelerating our growth and with these latest additions, we are reaching a critical mass or a pivot point where we become a business enabler and credible solution to employee retention, enterprise productivity, and operational efficiency for any organization,” Wittig added.

Last year, Regus added over 2,500 workstations to its Philippine business centers as occupancy rates here reached “sky high” levels, he said.

Globally, Luxembourg-based Regus has over 2,000 business centers in 104 countries where it provides “convenient, high-quality, fully-serviced spaces for people to work” to 1.5 million members.