Leader in hybrid working solutions provider, International Workplace Group (IWG) has opened a state-of-the-art flexible workspace in Lagos.
The opening come at a time the need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal.
The addition of IWG’s latest locations, HQ Lagos Lekki Link Bridge and Regus Lagos Mansard Place, come on the heels of the business posting its highest-ever revenue, cashflow and earnings growth in its history and achieving rapid network growth, signing 465 new locations in the first half of 2024 alone.
The new location is in partnership with Sterling Bank and APD to develop the brand under a management agreement that will add cutting-edge workspaces to the buildings.
The buildings will provide space for established firms and start-ups across a range of industries, while International Workplace Group’s Design Your Own Office service allows companies to tailor their space entirely to their requirements. The new locations will include facilities including private offices, meeting rooms, co-working and creative spaces.
Speaking on the new workshop, CEO and Founder, IWG, Mark Dixon, said IWG is establishing a stronger and much-needed footprint in Nigeria. That as an important business hub, Lagos is a fantastic place to boost the company’s expansion drive.
“Our openings in Lagos 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.”
By bringing high-quality office spaces to Lagos, IWG is enabling people to experience living in a ’15-minute’ city, allowing workers to work close to their homes without commuting far from where they live.
The buildings will provide space for established firms and start-ups across a range of industries, while International Workplace Group’s Design Your Own Office service allows companies to tailor their space entirely to their requirements. The new locations will include facilities including private offices, meeting rooms, co-working and creative spaces.
With explosive market growth as companies of all sizes adopt hybrid working for the long-term, it is predicted that 30% of all commercial real estate will be flexible workspace by 2030. With International Workplace Group, partners are able to capitalise on this fast-growing sector, while being supported by International Workplace Group’s unparalleled experience. Hybrid working offers companies a significantly lower cost base with an average saving of £9,000 per employee.
Country Manager, Nigeria IWG, Ayo Akinmade, said: “This is a partnership across many locations. Alt Bank thinks Alternative, this is where people can work productively; people are advocating to have an office near their staff base to enhance productivity instead of spending two hours coming to the office, they can spread their presence instead of taking one office for 30 people. As they go around with this initiative, we will be creating professional offices close to people.
CEO, IWG, Middle East and Africa, Marc Descrozaille, said: “We are coming with economical and smart solutions because HQ is about scaling and providing services in many places and this is why the partnership with Alternative bank is interesting because there is alignment of reinvestment the world of working in an office and HQ is about convenience so, I believe that HQ will be the most thriving and developing brand in Africa.
