INTERNATIONAL WORKPLACE GROUP ADDS REGUS IN NASHIK, AS DEMAND FOR HYBRID WORKING RISES

Nashik: International Workplace Group (IWG), the world’s largest provider of hybrid working solutions, has announced the opening of a new Regus workspace in Nashik, Maharashtra. This expansion is in response to the growing demand for flexible workspaces as hybrid working becomes more prevalent.

New Flexible Workspace in Nashik

• The new Regus centre, located at Uttam Towers, St. Andrew’s Church, spans 739 sqm and offers private offices, meeting rooms, co-working, and creative spaces.
• Target Industries: The workspace is designed to cater to various sectors including automotive, agritech, food processing, logistics, and capital goods.
• Location Advantage: The centre’s location on the banks of the Godavari River makes it ideal for businesses in one of Maharashtra’s fastest-growing cities, providing workers the opportunity to work closer to home, reducing commuting time.

IWG’s Ongoing Expansion Across India

• This launch marks Nashik as the sixth city in Maharashtra to host a Regus centre.
• Harsh Lambah, Country Manager India and Vice President – Sales at IWG, commented on the expansion: “Nashik’s excellent connectivity to major commercial hubs and its dynamic business ecosystem make it an ideal location for this new centre.”

IWG’s Growth and Future Outlook

• Record Growth: IWG reported its highest-ever revenue, cashflow, and earnings in 2024, signing 465 new locations in the first half of the year.
• Flexible Workspace Trend: As hybrid working continues to grow, it is estimated that 30% of commercial real estate will be flexible workspaces by 2030.

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