INTERNATIONAL WORKPLACE GROUP INTRODUCES HQ IN UTTARAKHAND, AS DEMAND FOR HYBRID WORKING RISES
Dehradun’s first HQ centre comes up at DDPM, on the Haridwar Bypass Road
DDPM is an impressive HQ workspace complete with co-working spaces, private offices, meeting rooms and creative spaces
New HQ location is part of the drive to provide top class facilities in a wide variety of locations as hybrid working becomes a reality for more workers
This opening follows a partnership agreement with the building owner, who has invested in the International Workplace Group platform to create a branded flexible workspace in their building
The location comes on the heels of International Workplace Group signing 465 new locations globally in the first half of 2024, and posting record revenue, cashflow and earnings growth
International Workplace Group, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening HQ, it’s state-of-the-art flexible workspace in Dehradun, Uttarakhand. As the adoption of hybrid working rapidly accelerates across Uttarakhand, the number of enquiries for space in International Workplace Group locations has risen sharply and this new opening helps meet rising demand.
The addition of International Workplace Group’s latest location in Dehradun comes on the heels of the business posting its highest-ever revenue, cashflow and earnings growth in its history and achieving rapid network growth, signing 465 new locations in the first half of 2024 alone.
Situated centrally on the Haridwar Bypass Road, this new location is part of a drive by International Workplace Group to meet the sharply rising demand for top class flexible working space in the area. By bringing a high-quality office space to Uttarakhand, International Workplace Group is enabling local people to experience living in a ’15-minute’ city, allowing workers to work close to their homes without commuting far from where they live.
Set to open in Uttarakhand, the 600 sqm centre will provide space for established firms and start-ups across a range of industries including manufacturing, tourism, handicrafts, pharma, biotech, agritech, logistics companies to tailor their space entirely to their requirements. The new HQ location will include facilities including private offices, meeting rooms, co-working and creative spaces.
Speaking on the new development, Harsh Lambah, Country Manager India and Vice President – Sales, IWG, said, “We are excited to further expand our footprint in the Uttarakhand region. In fact, Dehradun becomes the fourth city after Chandigarh where we have introduced HQ and this further helps strengthen IWG’s growing footprint in northwestern India. Uttarakhand is an important and growing tourist & business hub with great road, rail and air connectivity to Delhi and Chandigarh, and serves as the gateway to the popular hill stations and entire north- west region. The new center will offer a mix of flexible workspace rentals, including office spaces and office suites that can be rented on a short and long-term basis and customised as per client branding and layout.”
With explosive market growth as companies of all sizes adopt hybrid working for the long-term, it is predicted that 30% of all commercial real estate will be flexible workspaces by 2030. With International Workplace Group, partners are able to capitalise on this fast-growing sector, while being supported by International Workplace Group’s unparalleled experience. Hybrid working offers companies a significantly lower cost base with an average saving of US$11,000 (£9,000) per employee[i].
International Workplace Group is the world’s leading provider of flexible workspace – featuring nearly 4,000 locations in more than 120 countries with members able to access all of the locations and business services via the International Workplace Group app.
As the ongoing shift towards hybrid working accelerates, the potential for further growth is exponential with an estimated 1.2 billion white collar workers globally and a total addressable market of more than $2 trillion (£1.57 trillion). Conventional office occupancy will continue to fall as businesses require less traditional space and turn to flexible workspace instead. In 2023, International Workplace Group welcomed over 800 new partner locations and counts 83 per cent of Fortune 500 companies among its customer base.
