International Workplace Group, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, opened a state-of-the-art flexible workspace in Mandaluyong City on December 04, , 2024. The new Regus center, located at AMA Tower, EDSA corner Fordham St., Brgy. Wack Wack, Mandaluyong City, offers a new cutting-edge workspace to the local coworking scene.
As the adoption of hybrid working rapidly accelerates across the Philippines, the number of inquiries for space in International Workplace Group locations has risen sharply and this new opening helps meet rising demand. This partnership between Regus and AMALAND addresses the growing demand for hybrid workspaces and the launch serves as a key moment to discuss Regus’ expansion strategy in the Philippines, as well as highlight the exciting features of the AMA Tower location.
The addition of International Workplace Group’s latest location in Mandaluyong City 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 465 new locations in the first half of 2024 alone.
A New Chapter for Regus in the Philippines
The Regus AMA Tower center is the latest addition to IWG’s extensive network in the Philippines, which now includes 32 centers across various key cities, including 23 locations in Metro Manila. With a footprint that spans from Metro Manila to regional hubs like Baguio City, Cagayan de Oro, Iloilo, Davao, and Cebu, IWG’s flexible office solutions are increasingly becoming the workspace of choice for businesses of all sizes. As of 2024, IWG operates 23 centers in Metro Manila alone, with more partner sites planned across the country in the coming years.
Driving Growth with Flexibility
“We are excited to open our newest center at AMA Tower,” said Lars Wittig, Senior Sales Vice President for IWG Asia-Pacific. “This launch is part of our ongoing efforts to provide businesses with greater flexibility, enabling them to thrive without the burden of long-term commitments. With coworking spaces continuing to rise in demand, we believe that Regus AMA Tower will provide a much-needed space for entrepreneurs, SMEs, and even large multinational corporations to grow.”
The AMA Tower center will feature state-of-the-art facilities designed to meet the evolving needs of the modern workforce. From flexible office solutions to private meeting rooms and coworking spaces, the center is geared towards businesses looking for professional and inspiring work environments.
Expanding Horizons: Regus’ Strategy for Growth
IWG’s continued expansion in the Philippines comes at a time when the demand for coworking spaces is on the rise. As businesses and individuals increasingly adopt hybrid work models, the need for flexible, high-quality office spaces has never been greater. 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 capitalize 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 £9,000 per employee.
International Workplace Group is the world’s leading provider of flexible workspace – featuring nearly 4,000 locations in more than 120 countries with members able to access all the locations and business services via the International Workplace Group 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 £1.57 trillion. Conventional office occupancy will continue to fall as businesses require less traditional space and turn to flexible workspace instead. In 2023, International Workplace Group welcomed over 800 new partner locations and counts 83 per cent of Fortune 500 companies among its customer bases.
The Future of Workspaces in the Philippines
As the Philippines continues to evolve as a hub for business and innovation, the demand for flexible office spaces is expected to increase. With the rise of freelancing, remote work, and the gig economy, more businesses and entrepreneurs are seeking affordable and efficient workspace solutions. Regus is at the forefront of this shift, with its vast network and wide range of services designed to support businesses in every stage of growth.
The Regus AMA Tower center, which opened its doors on December 04, 2024, plays a crucial role in meeting these demands. The center enables employees to work where, when, and how they choose, while International Workplace Group’s Design Your Own Office service allows companies to tailor their space entirely to their requirements. Whether it’s a start-up entrepreneur or a global corporation, Regus provides the space, flexibility, and support needed to succeed in today’s competitive landscape.
The building owners decided to invest in the International Workplace Group platform to maximize the return on their real estate space by capitalizing on the rapidly expanding demand for hybrid working. With an annual investment of around £50m into its technology platform, International Workplace Group provides partners with access to all the company’s expertise as well as design and fit-out support and sales and marketing capabilities.
Mark Dixon, CEO & Founder of International Workplace Group PLC, commented: “We are establishing a stronger and much-needed footprint in the Philippines with this latest opening. As an important business hub Mandaluyong City is a fantastic place for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased to work in partnership with AMALAND to develop the Regus brand under a management agreement that will add a cutting-edge workspace to their building.
“Our opening in AMA Tower comes at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”
Dr. Amable Aguiluz V , Chairman of AMA Group of Companies / AMALAND , expressed his insights stating , “The inauguration of the Regus center at AMA Tower marks a significant milestone in our ongoing mission to foster innovation and adaptability within the Philippine business landscape. By collaborating with International Workplace Group, we are providing entrepreneurs, SMEs, and multinational corporations with state-of-the-art facilities that cater to the evolving demands of the modern workforce. This partnership not only enhances the flexibility and productivity of our tenants but also contributes to the economic growth of Mandaluyong City and the nation as a whole.
We extend our heartfelt gratitude to International Workplace Group for their unwavering commitment to excellence and to our partners who have made this venture possible. Together, we are setting a new standard for flexible workspaces in the Philippines, empowering businesses to thrive in an ever-changing global environment.”
International Workplace Group’s multi-brand expansion strategy is designed to appeal to every type of business and entrepreneur. International Workplace Group creates personal, financial, and strategic value for businesses of every size, from some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of flexible working to increase their productivity, efficiency, agility, and market proximity.
