The first new site, located at Paulay 52 in central Budapest, opened in February. Spread across three floors, the space includes 25 private offices, co-working areas, and meeting rooms, covering more than 1,000 square meters. The building features terraces and on-site parking and is accessible by public transport.
In April, IWG opened another Regus centre at Madarász Office Park in District XIII, a busy commercial area. The facility includes 36 private offices, meeting spaces, phone booths, kitchens, a lounge, and parking options.
Both locations are aimed at a broad range of businesses, from startups to established firms. Tenants have access to IWG’s Design Your Own Office service, which allows them to tailor workspaces to their needs.
The decision to open the two sites was made in response to increased demand for flexible office space, driven by changes in work habits and a shift toward hybrid models. Property owners involved in the projects chose to partner with IWG to adapt to this trend and improve returns on real estate.
IWG, which operates thousands of locations in more than 120 countries, expects flexible workspace to account for a growing share of the commercial real estate market. Analysts project that by 2030, around 30% of office space could fall into this category, driven by cost pressures and changing employee expectations.
Mark Dixon, CEO & founder of International Workplace Group PLC, commented: “We are establishing a stronger and much-needed footprint in Hungary with these latest openings. As an important business hub, Budapest is a fantastic place for us to boost our expansion plans. Our openings come at a time when more and more companies are discovering that flexible and platform working is incredibly popular with employees, improving their work-life balance and satisfaction, while also providing a multitude of benefits to companies. Our workplace model is proven to increase productivity and allows for a business to scale up or down at significantly reduced costs while providing access to thousands of locations.”
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