CBRE’s footprint and strength in real estate acquisition will expedite Regus growth, to meet the growing demand for flexible workplaces
Regus has signed a unique partnership agreement with leading global real estate advisor CBRE. The agreement sees CBRE become a strategic partner for the global workspace provider, accelerating and streamlining its acquisition of real estate in several global locations including the UK.
CBRE will work with Regus right through from assessing local market strategies for flexible workplaces, to execution, 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 with unprecedented opportunities to connect to the flexible workplace trend.
Demand for flexible workplaces rose strongly in 2014. With more than 2,500 locations and 2.1 million members in over 900 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 partnership with CBRE will accelerate the growth of Regus’ network.
Rick Bertasi, Managing Director, Group Network Development, Regus, explains: “The scope and ambition of our new strategic partnerships on real-estate acquisition are unprecedented – not just for Regus but in the wider property sphere. Adding over 400 office locations in one year is extraordinary, and represents the tip of what we can achieve. We are now in a position to acquire and provide office space around the world on a truly industrial scale.
“CBRE is helping us design new processes that make it easier for customers to access flexible workspace. These processes – and Regus’ continuing growth – also offer an unmatched global opportunity for landlords to position their assets to benefit from meeting that need.”
James Mclean, Senior Director, at CBRE adds: “We are excited about this opportunity to help create the workplaces of the future with Regus. We will use CBRE’s geographic and business-line footprint and expertise to both develop the Regus offering and help landlords maximise the value of their real estate. It really is a win-win scenario for Regus, its clients, and the property industry.”