International Workplace Group (IWG), a leader in hybrid workspaces with brands like Regus and Spaces, has opened a new flexible office facility in Bangalore, Karnataka, further solidifying its position as a global provider of workspaces designed for the modern workforce. This new location is part of IWG’s broader strategy to meet the growing demand for flexible workspaces following a record-breaking year for the company. In 2024, IWG added 899 new centres to its network, marking its highest-ever revenue and growth.

The new Regus office is located in the Global Tech Park on O Shaughnessy Road and caters to various industries, including IT, telecom, pharma, biotech, and logistics. The first floor of the building offers flexible office solutions designed to meet the needs of both established companies and startups. The space features a variety of setups, from fully equipped day offices and compact spaces to customisable offices and expansive suites, ready for immediate use with premium furnishings and secure IT infrastructure.

This launch is another step in IWG’s commitment to supporting businesses by offering flexible workspaces that adapt to varying work styles and needs. “Our opening in Bangalore comes at a time when more and more companies are discovering the benefits of flexible working, improving both employee satisfaction and productivity,” said Mark Dixon, CEO & Founder of IWG. He emphasised that the model enhances work-life balance and provides significant cost savings for companies.

Research highlights the advantages of hybrid work for both employers and employees. With the rise of hybrid models, companies find increased productivity and cost savings while employees enjoy better work-life balance and health benefits. According to experts, by 2030, approximately 30% of all commercial real estate will be flexible workspace, underscoring the rapid growth of this sector.

Harsh Lambah, Country Manager for India at IWG, noted the significance of this new centre in Bangalore, often referred to as India’s Silicon Valley. “This new centre will provide the latest flexible workspace amenities and support businesses of all sizes, from startups to large enterprises,” Lambah added. IWG’s ongoing expansion in Karnataka aligns with its regional growth strategy, aiming to provide top-notch workspace solutions tailored to the unique needs of local businesses.

As the hybrid working trend continues to gain momentum, IWG’s new Bangalore location represents not just a strategic expansion but also a response to the shifting demands of today’s workforce. With thousands of locations worldwide, IWG’s network offers unparalleled flexibility for businesses looking to reduce costs while expanding their reach. The company’s growth is expected to continue, with projections indicating that hybrid workspaces will account for a significant portion of the commercial real estate market in future years.