IWG agrees franchise deals for 15 new flexible workspace centres

Sites to open in north, south and east London, plus popular Essex commuter towns

The operator of Regus and Spaces has signed three new franchise cluster agreements that will see 15 flexible workspace centres open in and around London.

The deals focus on outer city commuter zones north, south and east of the capital.

WG1 Offices has signed a 10-year partnership that will see sites established from Bethnal Green to Camden, while Pluto Workspace will open centres from Wandsworth to Greenwich.

IWG’s partnership with Seedspace will see five centres established in a territory stretching from Canning Town to Dagenham and into some of the popular Essex commuter towns.

Julian Chambers, head of franchise at IWG - UK & Ireland, says: “The past year has seen the entire world take on the largest flexible working experiment and now people want to hold on to the best parts of working close to home.

“Gone are the days when professionals wouldn’t bat an eyelid at a two-hour commute during rush hour. What we are seeing is a permanent shift to how and where we work.

“The demand for flexible workspaces shows no signs of slowing, not just in London, but across the UK.

“There’s a huge opportunity for franchise investors to tap into this and be part of the remote working revolution.”

Demand for IWG workspaces in suburban hot spots such as Ealing and Chiswick jumped by as much as 200 per cent in the first quarter of this year, compared to the same period in 2020.

IWG launched its franchise opportunity globally in 2019. It currently has over 3,300 office locations worldwide.