TORONTO (January 19, 2023): IWG, the world’s largest flexible workspace and office provider, plans to double the size of its Canadian network in the next three years to reach 250 locations. In the first half of 2023, IWG will bring its HQ brand to Canada opening four locations in Edmonton, Ottawa, Gatineau and
Truro, three Regus locations in Cambridge, Calgary and Sherbrooke, and two SPACES coworking locations – a first in Edmonton and the 14th SPACES in Toronto, opening in the Leslieville neighbourhood.
As IWG shifts to a growth strategy focused on managed partnerships, almost all newly announced locations in 2023 will open in the form of landlord partners. The strategy enables partners to capitalize on the rapidly growing hybrid working sector while benefiting from IWG’s unrivalled sector expertise and receiving access to the Group’s digital platform as well as its sales and marketing capabilities.
“As the demand for hybrid working continues to increase, landlords are paying close attention to the flexible workspace sector. They understand the tremendous long-term opportunity as the corporate mindset about office space continues to evolve,” explains Wayne Berger, CEO, IWG Americas. “Entering the new year, the number of partnerships we’ve forged with landlords has been phenomenal — and it’s allowed us to grow much more rapidly. Alongside our network of partners, we plan on more than doubling our footprint in Canada over the next few years.”
After opening nine new flexible workspaces locations in 2022 in Canada – spanning coast to coast from Surrey to Dartmouth – IWG will open the following locations in the first half of 2023:
This story was originally published in 1851 Franchise on May 24, 2023. Burnaze summarizes and links to the original reporting.
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