Regus creates unprecedented strategic partnership in Northern Ireland with CBRE
CBRE’s footprint and strength in real estate acquisition will expedite Regus growth, to meet the growing demand for flexible workplaces.
Regus has signed a unique partnership agreement with leading real estate services advisor CBRE. The agreement sees CBRE become a strategic partner for the global workspace provider, accelerating and streamlining its acquisition of real estate in Northern Ireland.
CBRE will work with Regus right through from assessing local market strategies for flexible workplaces, to execution, including identifying and developing workplaces in suitable and emerging locations.
This partnership will help Regus ramp up its already formidable worldwide network growth rates, and meet rising demand for its flexible workplaces. It will also provide local landlords with unprecedented opportunities to connect to the flexible workplace trend.
Demand for flexible workplaces rose strongly in Belfast in 2014, with enquiries up significantly due to an influx of FDI requiring immediate serviced office space.
With more than 2,500 locations and 2.1 million members in over 900 cities around the world, Regus is already the global market leader in flexible workspace provision. In 2014 alone, it grew over 20% in locations by adding more than 400 locations to its worldwide network, from London to Durban to Mumbai, to satisfy growing demand worldwide.
Rick Bertasi, Managing Director, Group Network Development, Regus, explains: “The scope and ambition of our new strategic partnerships on real-estate acquisition are unprecedented – not just for Regus but in the wider property sphere. Adding over 400 office locations in one year is extraordinary, and represents the tip of what we can achieve. We are now in a position to acquire and provide office space around the world on a truly industrial scale."
“We are excited about this opportunity to help create the workplaces of the future with Regus. We will use CBRE’s geographic and business-line footprint and expertise to both develop the Regus offering and help landlords maximise the value of their real estate. It really is a win-win scenario for Regus, its clients, and the property industry.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 140 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.