IWG Opens Four New Coworking Locations in the Philippines in May 2024
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IWG, the world’s leading provider of hybrid working solutions with renowned brands like Regus, Spaces, and HQ, proudly announces the opening of four new state-of-the-art flexible workspaces in the Philippines.
The new locations are:
- Regus Nepo Centre in Angeles City, Pampanga (opened on May 6)
- Regus Adriatico Square in Manila (opened on May 10)
- HQ Triumph Building in Quezon City (opened on May 14)
- Spaces PNB in Makati (opened on May 15)
These new coworking spaces feature private offices, meeting rooms, and creative spaces, catering to the growing demand for hybrid working in the Philippines. The addition of these locations brings IWG’s total number of centers in the Philippines to 31, with plans to exceed 40 by the end of the year.
Rising Demand for Hybrid Working
The new locations come amid a surge in demand for hybrid work solutions, driven by increased foreign investment, robust GDP growth, and rising affluence in the Philippines. According to PwC, 51% of Philippine respondents prefer the hybrid work model.
Expansive Network
IWG’s expansion in the Philippines includes key cities such as Davao, Cagayan de Oro, Iloilo, Cebu, Subic, Angeles City, Baguio, and the National Capital Region. This extensive network, expected to grow to over 40 locations by year-end, provides the largest flexible workspace network in the Philippines, supporting businesses of all sizes.
Driving Inclusive Growth
By expanding beyond Manila’s central business districts, IWG ensures businesses across the country have access to premium flexible workspaces, fostering economic development and empowerment. With an annual investment of approximately USD 64 million in its technology platform, IWG supports partners with design, fit-out, and operational expertise.
Strategic Value and Market Potential
IWG’s hybrid working solutions cater to a broad spectrum of businesses, from SMEs to Fortune 500 companies. With over 4,000 locations in 120+ countries, IWG’s multi-brand strategy offers unparalleled flexibility and scalability. As the hybrid working trend accelerates, the market potential remains vast, with an estimated 1.2 billion white-collar workers globally and a total addressable market exceeding USD 2 trillion.
Lars Wittig, Senior Vice-President, APAC NORTH at IWG, stated: “We are excited to open these four new locations in the Philippines. The country’s hybrid work landscape presents immense potential, and these openings will bolster our expansion plans, enhancing the nation’s infrastructure and driving economic growth.”
Images are from Regus Adriatico
About IWG PLC
IWG is the global leader in hybrid work solutions, providing value through brands like Regus, Spaces, HQ, and Signature.
With approximately 4,000 locations across over 120 countries, IWG supports millions of individuals and businesses in working productively through professional and inspiring workspaces accessible via the IWG app.
For more information, visit [IWG PLC](https://www.iwgplc.com)
*Cover Photo/Thumbnail Photo from IWG Philippines