Why Coworking Space Provider IWG Is Opening 13 New Locations In Canada

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Howard is a Staff Writer based in Vancouver. He was formerly the Deputy Editor of 604 Now, and has written about the media industry for OneZero and international politics for WhoWhatWhy.

​International Workplace Group owns the SPACES, Regus, and HQ brands, among others, and will be opening 13 new locations within the next year.Real estate was significantly affected by the COVID-19 pandemic, and the commercial real estate sector is still feeling the impact and the challenges the pandemic created to this day.

Look at any list of the largest coworking space providers in recent years and the list will look something like this:IWG is also feeling bullish on the Canadian market. In late-September, the company provided a clear signal of its confidence when it announced it would be opening 13 new locations, all before next summer.

After the new locations open, Berger says IWG will be operating around 150 locations across Canada and 4 million sq. ft of space, in downtown cores and suburbs, in cities big and small, in provinces far and wide. That range is something Berger says he's particularly proud of, saying that IWG now has locations in 50 cities across Canada. Berger says the company's goal now is to get to 500 locations across Canada, hopefully within the next five years.

In other words, as a provider of flexible workspaces, they've ensured that the flexibility applies to them as well.How Home Prices Have Changed Across Canada Since The Summer Of 2020​What are view cones? What do they look like? And why is Vancouver City Council reviewing and potentially eliminating some of them?Toronto Is In A Buyers’ Market, But That Doesn’t Mean People Can Afford To Buy

 

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