Switzerland-based coworking pioneer IWG is planning to add as many as 700 new flexible-office locations to its US portfolio, which includes offices in 300 cities primarily under the Regus and Spaces brands.
In an interview with The National Observer, IWG CEO Mark Dixon said the hybrid work model that rapidly is becoming the consensus choice among businesses for post-pandemic office models "is a totally different way of working" that is "fundamentally changing the (labor market) geography of the United States."
"It's a very, very significant change in how corporations, large and small, want to support their (workers) and, as part of that, how they want to consume real estate," Dixon told the Observer.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.