IWG, the world’s largest provider of hybrid working solutions with brands including Spaces, Regus, HQ and Signature, is expanding its Hungarian portfolio with four new openings, adding a total area of 5,944 sqm to its footprint. The openings are being delivered in partnerships with different locations that have chosen the IWG flexible workspace platform and have entered into a management agreement with the Regus and HQ brands.
- Regus IN15 Office Park is a 1,792 sqm workspace in the 15th district in Budapest
- Regus Köki Terminál will deliver a 1,317 sqm workspace
- HQ Budaörs is a 700 sqm workspace in the centre of the popular suburb of Budapest, close to Regus Tópark, Biatorbágy
- Regus Fészek Office in Pécs is a 2,135 sqm workspace in a historical building in the centre of the fifth largest city in Hungary
Unprecedented demand from companies of all sizes and workers looking for hybrid working solutions means IWG will add 1,000 new locations over the next year. Hybrid working offers companies a significantly lower cost base with an average saving of $11k per employee.
The 15th district of Budapest, where the new IN15 Office Park is located, is close to the M3 motorway access and the M0 detour road. IN15 Office Park is also connected via public transportation, including 2 on-site bus stops and the M2 metro line, just 10 minutes away. The new location offers high-class eco-friendly workspaces with modern communal areas, storage solutions and covered parking places – all safeguarded by the highest security standards. The office park offers various amenities, including a fine restaurant, a freely-accessible fitness centre, car wash services, shared meeting rooms and a well-equipped conference hall.
A new Regus centre in the popular Köki Terminál mall will improve tenant mix and add amenities, giving IWG’s clients access to a food court, shops as well as a large parking lot. It will deliver an additional 1317 sqm workspace to the total IWG footprint in Hungary.
Budaörs is one of Budapest’s fastest-growing agglomeration areas. Demand for workspaces in this area grew strongly, with the number of enquiries for space in IWG locations continuing to rapidly increase. The central location of the new HQ Budaörs is the first HQ in Hungary.
Pécs on the other hand is a regional center city in the south-west of Hungary, with a total population of 150,000 people. The location of the Fészek Office Building is located in the immediate vicinity of the post office, a railway station, bus stops, hotels, restaurants, shopping centres, parks, and the main square of Pécs. The new location is the first to provide hybrid working solutions in the South Transdanubia region together with Regus.
The building owners in all four locations decided to invest in the IWG platform to maximise the return on their real estate space by capitalising on the rapidly expanding demand for hybrid working. With an annual investment of around £50 million into its technology platform, IWG provides partners with access to all the company’s expertise as well as design and fit-out support, sales and marketing capabilities.
The new Regus and HQ locations will include facilities such as private offices, meeting rooms, co-working and creative spaces.
The four new prime locations will provide space for established firms, organizations and start-ups across a wide range of industries, while IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements.
Mark Dixon, CEO & Founder of IWG, commented: “We are establishing a stronger and much-needed footprint in Hungary with these new 4 locations. As important business hubs, Budapest, Budaörs and Pécs are fantastic places for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased with our new partnerships to develop the Regus and HQ brands under management agreements that will add cutting-edge workspaces to the buildings.”
