Advertisement
Back To Daily Digest
Tags: BUSINESS

IWG Continues To Expand Its Franchising Model In New Zealand

IWG is in search for a local buyer to purchase its New Zealand business with master franchise rights after it was reported that the company was shifting its strategy, with most of the business being up for sale over time.

About nine months ago, the company launched its successful franchise program in the UK, leading them to expand this model elsewhere.

The company currently has two brands — Bizdojo and Regus — operating in New Zealand and was gearing up to also launch its Spaces brand.

Pierre Ferrandon, IWG New Zealand country manager, said that it would be launching its franchise operations and is in talks with parties that are interested in its coworking spaces.

The Latest News
Delivered To Your Inbox

“We want to accelerate our growth faster than we have been doing,” said Ferrandon. “That’s where the opportunity is, these corporates to come and work from a flexible work space or coworking where they can actually get the right space for the amount of staff they have.”

IWG wants to open 100 to 120 New Zealand locations through franchising, with 50 to 60 to be located in Auckland.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

Latest on Daily Digest

Generation Z Impacting Technology Use In The Workplace

How Coworking Operators Can Retain Their Users

Knotel Provides Rare Look Into Its Financials

What To Expect From Proptech Investments In 2020

Access Solutions Provide An Edge To Coworking Spaces

Atlanta’s First Coworking And Cowarehousing Space Opens

IWG Signs Franchise Deal To Expand In The Philippines

Ad
Advertisement
Advertisement

FOLLOW US

  • Facebook
  • Twitter
  • LinkedIn
  • RSS
  • instagram
  • pinterest
Ad
Advertisement
Advertisement

POPULAR ARTICLES

Advertisement
Advertisement

Stay On Top Of Your Game!

Subscribe To The Largest Publication On The Future Of Work And Receive Our TOP 10 News Stories Every Friday, Among Other Cool Stuff. 100% FREE

leaving so s0on?

Get A Free Subscription To Our Weekly Premium Publication

If It’s Affecting The Future Of Work, You’ll Know About It.