Tuesday 25/02/2025

^{The Regus brand’s debut on Malaysia’s east coast will be at Troika Kota Bharu, bringing flexible workspaces to this state-of-the-art mixed-use development and driving business growth in the region.}


●      These two upcoming openings include the Group’s first east coast location and a prime city centre site, marking further growth in its Malaysia portfolio. This follows five new centre openings in 2024
●      The new centres are set to provide a wider range of workspace solutions and enable more Malaysian businesses and employees across gateway and emerging cities access to hybrid working and enjoy benefits such as cost savings, and talent attraction and retention
●      These additions further expand the Group’s global network of over 4,000 locations in more than 120 countries, with Malaysia as a key market in its regional growth strategy, while delivering flexibility and connectivity for a growing hybrid workforce
 
MALAYSIA,  Feb 25 (Bernama) -- International Workplace Group, the world’s leading provider of hybrid working solutions, today announced the signing of two new upcoming Regus locations in Malaysia. These additions include a premium city-centre location at Menara Public Gold, Kuala Lumpur, and the company’s first foray into the east coast with a new centre at Troika Kota Bharu, Kelantan.
 
Scheduled to open in June and July 2025, Regus Menara Public Gold and Regus Troika Kota Bharu will expand the range of workspace solutions in Malaysia, a key market in the Group’s regional growth strategy. These additions strengthen the company’s current network of 45 centres across the country under its Regus, Spaces, HQ, and Signature brands. Building on a strong growth momentum in 2024—which saw the opening of five new locations—this expansion forms part of an ambitious five-year plan to establish 160 centres nationwide.
 
The momentum of International Workplace Group’s expansion in Malaysia reflects a broader shift toward more adaptable work models. Over 80% of Malaysia-based workers express satisfaction with hybrid working, favouring a balance between remote work— whether from a nearby local workspace or home — and on-site tasks at a central company HQ. By supporting thousands of organizations that have embraced flexible work arrangements, the Group’s growth aligns with recent government policy initiatives aimed at empowering employees and helping businesses optimise human resources and reduce operational costs.
 
Vijayakumar Tangarasan, Country Head of Malaysia at International Workplace Group said, "Hybrid working is shaping the future of work in Malaysia, and we are thrilled to be leading the charge in making flexible workspaces accessible nationwide. With the addition of Regus at Menara Public Gold and Regus at Troika Kota Bharu, we are advancing our broader growth strategy to provide employees—whether in bustling city centres or emerging regional towns—with convenient access to professional workspaces.”
 
“Our growing presence in Malaysia is a testament to our commitment to supporting businesses of all sizes in staying agile, optimising costs and attracting top talent, while empowering employees to balance productivity with flexibility,” added Tangarasan.
 
Empowering People and Businesses in the Heart of Malaysia’s Capital
 
The Regus centre at Menara Public Gold, set to open in the heart of Kuala Lumpur, will boast an impressive 13,924 square feet of premium workspace. With its high visibility and central position along the city’s main street, the centre will offer unparalleled access to Malaysia’s largest urban business hub. Designed to meet the evolving needs of modern businesses, this centre will provide scalable and flexible solutions tailored for enterprises of all sizes, from startups to multinational corporations.
 
Jerry Ng, Chief Operating Officer at PG Property Management Sdn Bhd said, “The demand for premium office and coworking spaces has skyrocketed with the rapid growth of Kuala Lumpur’s financial and business ecosystem. With TRX emerging as a leading regional hub, more companies are establishing their base of operations in this prime area. Together with International Workplace Group, our new Regus centre at Menara Public Gold, located in the vicinity of TRX, offers a comprehensive range of workspace services and solutions, supporting clients as they continue to grow from a world-class business location.”
 
Supporting Kelantan’s Thriving Economy Through Hybrid Working
 
The upcoming Regus at Troika Kota Bharu will mark a significant milestone as the Group’s first centre on Malaysia’s east coast. Set to occupy 7,836 square feet within a state-of-the-art mixed-use development, the centre will offer professionals and businesses across sectors in Kelantan — including tourism, retail, and manufacturing — access to flexible, high-quality workspaces closer to homes, reducing the need for long commutes and supporting improved work-life balance.
 
Strategically located near the Thai border, Kota Bharu is poised to benefit from enhanced trade opportunities and proactive local government initiatives driving economic growth. The new Regus centre will serve as a key avenue for fostering innovation, enabling collaboration, and supporting business expansion in this vibrant region.
 
Tan Kian Boon, Managing Director at Malvest Group said, “We are thrilled to announce a landmark achievement for Kelantan: the launch of the state’s first Regus coworking office at Troika Kota Bharu, in strategic partnership with International Workplace Group. This venture underscores our unwavering commitment to advancing economic development in Kelantan and aligns seamlessly with the State Government’s vision of empowering local businesses, start-ups, and SMEs.”
 
“By fostering entrepreneurship and nurturing young talent, this initiative directly supports Kelantan’s agenda to cultivate a thriving ecosystem for innovation and enterprise. Situated in the heart of Kota Bharu’s city centre, Troika Kota Bharu offers unparalleled accessibility and prestige. This prime location positions professionals and businesses at the crossroads of opportunity, combining the globally recognised Regus brand with a dynamic environment designed to elevate productivity,” added Mr Tan.
 
As the shift toward hybrid working accelerates, the potential for growth is exponential, with an estimated 1.2 billion white-collar workers globally and a total addressable market exceeding USD 2 trillion (RM 9.4 trillion). Conventional office occupancy is expected to decline as businesses move away from traditional spaces and increasingly adopt flexible workspaces. In the first half of 2024 alone, International Workplace Group signed 465 new locations globally, and now counts 83% of Fortune 500 companies among its customer base.
 
Both new centres will be available through International Workplace Group’s global membership network, offering seamless access to more than 4,000 locations across 120 countries.
 
High-res images from the announcement can be found HERE.
 
About International Workplace Group PLC
 
International Workplace Group is the global leader in hybrid work solutions and workspace brands. We create personal, financial, and strategic value for businesses of every size. From some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of International Workplace Group’s hybrid working platform to increase their productivity, efficiency, agility, and market proximity.
 
International Workplace Group’s unrivalled network coverage includes approximately 4,000 locations across more than 120 countries and 83% of Fortune 500 companies are amongst our growing customer base.
 
Through our brands including Regus, Spaces, HQ and Signature, we help millions of people and their businesses to work more productively. We do so by providing the world’s leading hybrid work platform with professional, inspiring and collaborative workspaces and digital services all available via the International Workplace Group’s app.
 
For more information, visit www.iwgplc.com and for more information on partnering with International Workplace Group, see: https://www.iwgplc.com/develop-a-location.

SOURCE: International Workplace Group PLC

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Magel Ordoñez
RICE for International Workplace Group
Email: IWG@ricecomms.com
 
--BERNAMA