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IWG strengthens its presence in the northeast

  • The company estimates that its arrival in these municipalities should generate an investment of R$40m in the region's economy and create 160 direct jobs.
Based on the franchise model, the group plans to open 16 units in the region.
Based on the franchise model, the group plans to open 16 units in the region.
By: SiiLA News
10/20/2021
The IWG, a global and national leader in flexible workspaces such as coworking and offices, strengthens its franchise front with a robust expansion strategy throughout 2021. The group, holder of the Regus and Spaces brands, will expand the area of coverage of its units by attracting the interest of franchisees in 70 cities across the country. A mapping produced by the group in the Northeast region, the cities of São Luís (MA); Natal, RN); Maceió (AL); Teresina (PI); João Pessoa (PB); Aracaju (SE); Jaboatão dos Guararapes (PE) and Feira de Santana (BA) are among the potential locations that will receive one of the 16 new franchised units. The company estimates that its arrival in these municipalities should generate an investment of R$40m in the region's economy and create 160 direct jobs.

In a survey conducted by the recruitment and selection consultancy Robert Half, in Brazil, more than half (58%) of experts thought about moving to another city or country while working remotely in recent months. According to Adriano Magalhães, director of franchising at the IWG, last year, there was an increase in demand for these shared workspaces, which became an option for 80% of Brazilians seeking alternatives to the work-from-home model.

"To walk hand in hand with the market and meet the growing demand for these workspaces, we have mapped regions and sought to expand the group's reach to offer these services not only in major cities but also in inland municipalities, satellite cities, and coastal regions," points out the executive.

The ease and speed of opening franchised units are some of the advantages offered by the business model. According to the director, this modality can be considered a win-win relationship because the group will provide all the organization, structures, and established global client base to the franchisees, who will contribute their local knowledge, which is indispensable for the brand's expansion throughout the country. "In this way, the transfer of know-how is continuous, providing consultancy that ensures the units follow the quality standards offered by IWG", emphasizes the executive.


Read the full story (in Portuguese).

Latam
Brazil
National
Coworking
Market Analytics
Investments

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