IWG expands its presence in Athens with three new office hotels, catering to major clients like Amazon, Visa, and Apple in a growing market.
IWG’s footprint in the country is already strong, with the company having built an extensive network serving large multinational companies such as Amazon, Visa and Apple
The flexible workspaces market in Greece, with its dynamic growth, seems to be attracting more and more professionals and companies. IWG’s footprint in the country is already strong, with the company having built an extensive network serving large multinational companies such as Amazon, Visa and Apple.
the company started its activity in Greece in 1998. Before the pandemic, ten venues were operating in the network (9 in Attica and one in Thessaloniki) and now 13 venues are operating (12 in Athens and one in Thessaloniki).
The leader in flexible workspaces, with brands such as Regus, Spaces, HQ and Signature, plans to rebuild three new spaces in Athens in 2025, reflecting the growing demand for flexible workspaces from companies and the self-employed. The first center will be located in Kallithea and will be the largest Spaces in Greece, followed by a new space in the River West shopping center and another building in Argyroupoli (on Vouliagmenis Avenue), which is being constructed in collaboration with DKG Development.
an employee can rent the office even with a few euros for 1-2 hours, but there are also members – customers who pay a monthly amount to have their own office. There is a different cost depending on the center they will visit, “the prices for Kolonaki are different, and others for Kypseli
the services they will request and the time period that can be from some hours to several months. “Prices are dynamic and deals are flexible, depending on the package requested by customers
IWG recognizes that technological advances and the adoption of the hybrid work model, which allows employees to work remotely, and the need for less commuting, are the main factors behind this trend. The expected 30% increase in flexible workspaces by 2030 is indicative of the shift towards a more modern and flexible way of working. IWG offers solutions that cover a wide range of needs, from freelancers to large multinationals, providing offices, video conferencing services, secretarial management support and other benefits, with costs remaining tailored to individual needs.
The company currently serves a global clientele, with the majority of customers coming from multinational companies looking for flexibility in their workplaces. In Greece, IWG has already managed to serve top customers, while demand from smaller businesses and the self-employed is intensifying. IWG’s model, which parallels an “office hotel,” allows businesses to adjust their capacity and needs without taking on the cost and responsibility of renting a traditional office.
IWG is a global provider of flexible workspaces with approximately 4,000 locations in over 120 countries. The group’s goal is to have approximately 10,000 centers worldwide by 2030, covering the increased needs of its customers. IWG added 867 new centres to its network during 2023, almost doubling the number of new locations compared to the previous year. An overwhelming 95% of these locations are provided through partnership management agreements, fulfilling IWG’s low-cost of capital strategy. Towards the end of 2023, IWG reported its highest revenue ever in its 30-year run. Group revenue rose 8% in the third quarter to £830 million.
