Regus Signs Multi-Million Pound UK Franchise Agreement

The flexible workspace provider has secured a deal with experienced franchise operator ACCA Office that will see the development of 10 new Regus centres over the next four years.

ACCA’s existing franchise portfolio includes brands such as Costa Coffee, Anytime Fitness and Pizza Hut.

Jeet Sohal, managing director of ACCA Office, says: “We’re incredibly excited to be joining Regus as their first UK franchise partner.

“Regus is a market leader with a great franchise model that we are confident will result in a very fruitful partnership.”

Regus has a global network of more than 3,000 centres, with more openings planned in the UK during the coming months.

According to the company, franchising is now set to become a key element of its growth strategy.

Julian Chambers, head of UK franchising at Regus, says: “Projections show that 30 per cent of corporate real estate could be flexible workspace by 2030, up from two per cent today.

“This makes the serviced office market one of the most exciting growth markets in the whole of the UK.

“We are thrilled that ACCA Office recognise this opportunity and have chosen to join the workspace revolution.

“The benefits of using flexible workspace is clear: from diversifying revenue and enhancing property value to capturing new demand.

“Helping businesses capitalise on this, we have one of the UK’s leading franchise teams in place to manage our strong growth ambitions.”