IWG plans to double its portfolio in India
Swiss hybrid workspace platform IWG which operates brands like Regus and Spaces in India, is looking to double its presence in India in the next 12-18 months. This comes on the back of the demand for flexible space by corporates. The plans are to double its presence in India, targeting new cities, suburbs, and Tier 2 and Tier 3 cities.
IWG has signed an agreement with the US brand HQ to open centers in India. It now operates 100 centres in India and it is not in the top 10 market for the group.