IWG increases its presence in the capital and sets its sights on national expansion. The international coworking company has announced the opening of a new flexible workspace in Tres Cantos, Madrid. According to a statement issued by the company, the opening will be carried out in collaboration with Masid Headquarters, owner of the building, which has signed a management agreement with IWG to offer a Regus-branded coworking centre on its premises.
The operator will have new facilities in Madrid, located in the science and innovation development hub of Tres Cantos. These facilities will be available from the second quarter of this year and will offer a wide variety of spaces, including private offices, meeting rooms, a business club and coworking spaces.
Regus Tres Cantos will occupy the first floor of one of the buildings in the business park, offering its space to established companies and start-ups from different sectors. It will also provide IWG's Design Your Own Office service, which will allow companies to adapt the contracted space to their needs.
Growing demand for flexible workspaces
Philippe Jimenez, IWG's country manager in Spain, said, "With this new opening, we are establishing a stronger and necessary presence in Madrid. As an important business hub, Tres Cantos is a fantastic location to drive our expansion plans.
According to Jiménez, the demand for high quality flexible workspaces continues to grow as hybrid working establishes itself as the new normal. As managing director of IWG in Spain, he adds that the opening in Tres Cantos comes at a time when more and more companies are discovering the benefits of flexible working, including improving employee happiness and satisfaction, as well as helping the environment. In addition, IWG's flexible workplace model has been proven to increase productivity and creativity, he says.
IWG is continuing its geographical expansion plan in Spain, in addition to its growth in Madrid and Barcelona. In 2022, the company reached Logroño and Oviedo, and now plans to expand to Pamplona, Santander, Santiago de Compostela and Vigo in the coming months. Its goal is to reach 500 centres in Spain by 2030, with a presence in every city in the country.