IWG opens new Spaces centre in Bucharest amid rising demand for hybrid working solutions

International Workplace Group, the world’s largest provider of hybrid working solutions with brands such as Spaces and Regus, is opening a state-of-the-art flexible workspace in Bucharest, Romania. Located in the Vastint Business Garden building, this new location is part of International Workplace Group’s drive to meet the sharply rising demand for high-quality workspace in the area.
The new Spaces centre is situated in a renowned office complex that offers a variety of amenities, including restaurants, fitness centres, and shops. The office complex is within walking distance of Gara de Nord and the Grozăvești (M1 line) and Basarab (M3 line) metro stations, providing quick access to central areas such as Piața Unirii and Piața Victoriei. The A-class building offers space for established companies and start-ups across a range of sectors, including technology, finance, and business services. The new Spaces location, covering a total of 1,900 sqm, will feature private offices, meeting rooms, co-working spaces, and creative spaces. Additionally, International Workplace Group’s Design Your Own Office service allows companies to fully customise their space to meet their specific needs.
As the adoption of hybrid working rapidly accelerates across Romania, the number of inquiries for space in International Workplace Group locations has risen sharply, and this new opening helps to meet the growing demand.
The addition of International Workplace Group’s latest location in Bucharest follows the company’s strongest-ever revenue, cashflow, and compounded annual growth rate in its history, driven by its rapid network expansion. In the first half of 2024 alone, the company added 465 new locations worldwide.
The building owners decided to invest in the International Workplace Group platform to maximise the return on their real estate by capitalising on the rapidly growing demand for hybrid working. With an annual investment of approximately €60 million in its technology platform, International Workplace Group provides partners with access to its full suite of expertise, including design, fit-out, sales, and marketing support.
As the market continues to grow explosively, with businesses of all sizes adopting hybrid working for the long term, it is projected that 30% of all commercial real estate will be flexible workspace by 2030. Through International Workplace Group, partners can capitalise on this fast-growing sector, benefiting from the company’s unmatched expertise. Hybrid working offers companies significant cost savings, with an average saving of €10,750 per employee .