A global office company is opening its first flexible workplace in Co Londonderry.
International Workplace Group said its acquisition of the space at River House Business Centre in Coleraine was in response to rising demand in the area.
The group, which owns brands including Spaces and Regus, said it had signed up 465 new locations in the first half of 2024.
International Workplace Group is opening a hybrid working space in Coleraine. Stock image
And it said its Coleraine opening – under the Regus brand – was helping create a ‘15-minute city,’ allowing people to work close to their homes without a long commute.
The new space is due to open over the next two months, providing space for start-ups and well-established firms.
The company said hybrid working “offers companies a significantly lower cost base with an average saving of £9,000 per employee”.
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Mark Dixon, CEO and founder of International Workplace Group, said: “We are establishing a stronger and much-needed footprint in Causeway Coast and Glens with this latest opening.
“As an important business hub, Coleraine is a fantastic place for us to boost our expansion plans.
“The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased to work with partners to develop the Regus brand under a management agreement that will add a cutting-edge workspace to their building.
“Our opening in Coleraine comes at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment.
“Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”
Robert Wilson of River House added: “In an era of rapidly rising overheads and constant change, this new Regus flexible workspace from International Workplace Group offers an efficient and impressive alternative to large fixed-term premises renting.
“This has been our strategy since 2012 and River House has been over 90% occupied since. We look forward to their further expansion at River House over the coming years.”