global franchise newsletter sign up graphic

Stay in the know and receive the latest international franchising news, insight and investment opportunities

close catfish

IWG signs three multi-unit deals to bring 15 new locations to London

IWG signs three multi-unit deals to bring 15 new locations to London

The new centers will open across North, South, and East London over the next few years.

Keep up to date with the latest Global Franchise News sent straight to your inbox. Sign up here.

IWG, the flexible workspace provider and owner of Regus and Spaces, has signed three new franchise cluster agreements to bring a total of 15 new locations to London over the coming years.

Signed with WG1 Offices Limited, Pluto Workspace, and Seedspace, the deals will address a demand for flexible workspace in the U.K. capital; IWG recently reported a rise in demand of over 100 per cent in suburban hotspots like Barking, Hemel Hempstead, Ealing, and Chiswick in Q1 2021.

“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,” said Julian Chambers, head of franchise at IWG – UK & Ireland. “Gone are the days when professionals wouldn’t bat an eyelid at a 2-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 U.K. There’s a huge opportunity for franchise investors to tap into this and be a part of the remote working revolution.”

North London’s expansion will be helmed by WG1 Offices Limited, with new locations stretching from Bethnal Green to Camden. WG1 is led by CEO James Wright, who has an extensive background in commercial property financing and investment.

“With working from home now firmly part of the norm, some believe that the office as we know it is dead but in fact, it’s flexing, and we need to adapt with it,” said Wright. “Whilst headquarters will still have their place as a hub for meetings and collaboration, desk-based tasks can be completed much closer to home and in flexible locations. We’re excited to focus on North London in particular as this is where we’re seeing a rise in unmet demand amongst young professionals.”

South London, meanwhile, will be developed in partnership with Pluto Workspace; stretching from Wandsworth across to Greenwich. Five new centers will be opened under the guidance of Kashyap Pindoria, MD of Pluto Workspace.

“Property investment is a real passion of mine and I’d never considered exploring franchising, until now. The pandemic has completely changed the face of commercial property and already, businesses are re-evaluating their city center headquarters and are looking at solutions that will offer staff a shorter commute,” said Pindoria. “It’s a trend that isn’t going anywhere and knowing the number of professionals who commute into the city from South London, the demand for workspaces outside of Zone 1 will only continue to grow.”

And last but certainly not least, East London is set to be developed by Seedspace – specifically, from Canning Town to Dagenham.

“Unlike industries such as hospitality or travel, the business opportunity around flexible workspace has prospered in the last year as a result of changes to how we live and work,” said Manjit Singh, MD at Seedspace and winner of Franchisee of the Year at the 2017 London Business Awards.

“The surge in demand for IWG centers in outer London really does show that demand is there for high-quality office space closer to where people live. I’m excited to share what we have planned for East London and Essex over the next few years.”

you may be interested in

franchise directory

  • TaxAssist Accountants

    Business & Professional Services, Financial Services, <100K, Featured

  • Cafe2U

    Food & Catering, Coffee, Take-away, <100K, Featured

  • 800 Pizza

    Food & Catering, Fastfood, Pizza, Take-away, Featured

view more
Connect with Linkedin Logo
Global White Logo Click Here
Close button

WHAT DO WE USE YOUR INFORMATION FOR?

Any of the information we collect from you may be used in one of the following ways: To personalize your experience (your information helps us to better respond to your individual needs) To improve our website (we continually strive to improve our website offerings based on the information and feedback we receive from you) To improve customer service (your information helps us to more effectively respond to your customer service requests and support needs) To process transactions your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, without your consent, other than for the express purpose of delivering the purchased product or service requested. To administer a contest, promotion, survey or other site feature To send periodic emails The email address you provide for order processing, will only be used to send you information and updates pertaining to your order. Note: If at any time you would like to unsubscribe from receiving future emails, we include detailed unsubscribe instructions at the bottom of each email.

HOW DO WE PROTECT YOUR INFORMATION?

We implement a variety of security measures to maintain the safety of your personal information when you place an order or enter, submit, or access your personal information We offer the use of a secure server. All supplied sensitive/credit information is transmitted via Secure Socket Layer (SSL) technology and then encrypted into our Payment gateway providers database only to be accessible by those authorized with special access rights to such systems, and are required to keep the information confidential. After a transaction, your private information (credit cards, social security numbers, financials, etc.) will not be stored on our servers.

DO WE USE COOKIES?

Yes (Cookies are small files that a site or its service provider transfers to your computers hard drive through your Web browser (if you allow) that enables the sites or service providers systems to recognize your browser and capture and remember certain information. We use cookies to help us remember and process the items in your shopping cart, understand and save your preferences for future visits, keep track of advertisements and compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future. We may contract with third-party service providers to assist us in better understanding our site visitors. These service providers are not permitted to use the information collected on our behalf except to help us conduct and improve our business.

DO WE DISCLOSE ANY INFORMATION TO OUTSIDE PARTIES?

We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

THIRD PARTY LINKS

Occasionally, at our discretion, we may include or offer third party products or services on our website. These third party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.

CHILDRENS ONLINE PRIVACY PROTECTION ACT COMPLIANCE

We are in compliance with the requirements of COPPA (Childrens Online Privacy Protection Act), we do not collect any information from anyone under 13 years of age. Our website, products and services are all directed to people who are at least 13 years old or older.

ONLINE PRIVACY POLICY ONLY

This online privacy policy applies only to information collected through our website and not to information collected offline.

TERMS AND CONDITIONS

Please also visit our Terms and Conditions section establishing the use, disclaimers, and limitations of liability governing the use of our website at globalfranchisemagazine.com/terms-conditions

YOUR CONSENT

By using our site, you consent to our online privacy policy.

CHANGES TO OUR PRIVACY POLICY

If we decide to change our privacy policy, we will post those changes on this page

CONTACTING US

If there are any questions regarding this privacy policy you may contact us using the information below. All correspondence relating to the Website should be sent to: Global Franchise 21/23 Phoenix Court Hawkins Road Colchester Essex CO2 8JY Email: subscriptions@aceville.co.uk