Colliers International’s global expertise in providing real estate services will expedite Regus growth, to meet the growing demand for flexible workplaces.
Global workplace provider, Regus, has signed a unique partnership agreement with leading global commercial real estate services company, Colliers International. The agreement sees Colliers International become a strategic partner for the global workspace provider, accelerating and streamlining its procurement of real estate across Australia and New Zealand.
Colliers International will work with Regus right through from assessing local market strategies for flexible workplaces, to execution, project management, including identifying and developing workplaces in suitable and emerging locations.
This partnership will help Regus ramp up its already formidable worldwide network growth rates, and meet rising demand for its flexible workplaces. It will also provide landlords in Australia and New Zealand with unprecedented opportunities to connect to the flexible workplace trend.
Demand for flexible workplaces rose strongly in 2014, as the mobile workforce increased and traditional office occupiers considered ways to reduce their real estate footprint. Flexibility for occupiers to increase or decrease their space, dependent on current business needs, was a key driver.
With more than 2,300 locations and 2.1 million members in over 850 cities around the world, Regus is already the global market leader in flexible workspace provision. In 2014 alone, it grew over 20% in locations by adding more than 400 locations to its worldwide network, from London to Durban to Mumbai, to satisfy growing demand worldwide.
“The Regus network in Australia has grown from 43 sites to 70 sites in the last year,” said Paul Migliorini, CEO of Regus Australia & New Zealand. “We’ve recognized the changing face of the workforce and we’re meeting this evolving demand with a range of innovative workspaces to meet the needs of the worker today and into the future.”
“Colliers International is helping us design new processes that make it easier for customers to access flexible workspace, wherever and whenever they want to. These processes – and Regus’ continuing growth – also offer an unmatched global opportunity for landlords to position their assets to benefit from meeting that need.”
Doug Henry, Head of Corporate Solutions at Colliers International in Australia says “We are eager to propel Regus’ growth through this innovative global partnership and look forward to supporting their strategic expansion.
“Our work with corporate occupiers tells us that they are looking for spaces that are more flexible, to accommodate their business needs as they expand and contract. Regus is meeting this need. Their tenancy in a building is likely to make that asset more attractive to other tenants.”
In addition to working exclusively with Regus in Australia, Colliers International has also been appointed as exclusive agents in Latin America.