IWG to Open 4 New Regus, HQ Centers in Hungary

Office Market

A new Regus center is set to be established in Budapest shopping mall Köki Terminal (pictured).

Hybrid working solutions company IWG, is set to expand its presence in Hungary with four new openings, adding a total area of 5,944 sqm to its footprint.

The openings are being delivered in partnerships with different locations that have chosen the IWG flexible workspace platform and have entered into a management agreement with the Regus and HQ brands, the company tells the Budapest Business Journal.

Mark Dixon, CEO & founder of IWG, comments, “We are establishing a stronger and much-needed footprint in Hungary with these new four locations. As important business hubs, Budapest, Budaörs, and Pécs are fantastic places for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased with our new partnerships to develop the Regus and HQ brands under management agreements that will add cutting-edge workspaces to the buildings.”

District XV of Budapest, where the new IN15 Office Park is located, is one of the most dynamic districts in the capital, close to the M3 motorway access and the M0 ring road. IN15 Office Park is also well connected via public transportation, including two on-site bus stops and the M2 metro line, just 10 minutes away. The new location offers  eco-friendly workspaces with modern communal areas, storage solutions, and covered parking places – all safeguarded by the highest security standards.

The office park satisfies all customers’ needs with various amenities, including a fine restaurant, a freely-accessible fitness center, car wash services, shared meeting rooms and a well-equipped conference hall, according to a press release sent to the Budapest Business Journal

A new Regus center in Köki Terminál mall (District XIX) will improve tenant mix and add amenity, giving IWG’s clients access to a food court, shops as well as a large parking lot. It will deliver an additional 1,317 sqm workspace to the total IWG footprint in Hungary. The mall is located next to the Kőbánya-Kispest terminus of metro line M3.

Budaörs is one of Budapest’s fastest growing agglomeration areas. Demand for workspaces in this area grew strongly, with the number of enquiries for space in IWG locations continuing to rapidly increase. The central location of the new HQ Budaörs, the first HQ in Hungary, is favorable with easy access by public transportation via the M4 metro station Kelenföld. By car, it’s only a 15-minute drive from the inner city.

Pécs on the other hand is a regional center city in the south-west of Hungary, with a total population of 150,000 people. The prime location of the Fészek Office Building is located in the immediate vicinity of the post office, a railway station, bus stops, hotels, restaurants, shopping centres, parks, and the main square of Pécs. The new location is the first to provide hybrid working solutions in the South Transdanubia region together with Regus.

The building owners in all four locations decided to invest in the IWG platform to maximize the return on their real estate space by capitalizing on the rapidly expanding demand for hybrid working. With an annual investment of around GBP 50 million into its technology platform, IWG provides partners with access to all the company’s expertise as well as design and fit-out support, sales, and marketing capabilities.

The new Regus and HQ locations will include facilities such as private offices, meeting rooms, co-working, and creative spaces.

The new locations will provide space for established firms, organizations and startups across a wide range of industries, while IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements.

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