The British company is currently looking for new spaces to install its flexible work centres, which should areas have between 1.000 and 3.000 sqm. For each acquisition, the company plans to invest about a million euro and, according to Eje Prime, it should use the franchising system to do it.
Its goal is to «build a network of flexible spaces in Spain and be present in all the provincial capitals and secondary cities», explains Philippe Jiménez, Regus’ and Spaces’ (two brands the company uses to operate in the country) CEO for Spain, to the same newspaper.
In order to achieve this goal, British IWG decided to create two more brands to operate in this sector. No 18 is one of them and, according to Eje Prime, it should focus on coworking spaces destined for big companies. HQ, IWG’s other new brand, will be capable of holding both large and small companies. To carry out operations using the brand España Signature by Regus – which is in charge of managing «sophisticated» offices – is also on the table, according to the same newspaper.
In Spain alone, IWG currently has 56 operating units. At the end of the year, there will be more, since the company founded in 1989 has 15 new offices under way.