E-COMMERCE, TRAFFIC, MILLENIALS BOOST DEMAND

Regus to set up more centers nationwide

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GLOBAL workplace provider Regus Philippines is inclined to put up more office centers nationwide, as e-commerce and web-savvy millennials boost demand for more units of flexible workspace, a top company official said Friday.

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In a press briefing, Regus Philippines country manager Lars Wittig said demand for flexible workspaces continues to grow.

Wittig said Regus is eyeing emerging cities outside Metro Manila, such as Zamboanga, Davao, Cagayan de Oro, Naga, Bacolod, Iloilo, Baguio and Subic, as possible locations for its new office centers.

According to the Luxembourg-based services firm, e-commerce, and a growth in mobile workers and freelancers have been driving the flexible workspace market worldwide, and that millenials are embracing remote working.

Wittig said Regus opened five new office centers in the Philippines in 2015, adding up to its three centers that it had for more than a decade since it entered the country in 1999.

“In terms of the Philippine market, access to technology was what we did not have ten years ago,” Wittig noted.

The country manager added that infrastructure challenges are also influencing the demand for flexible workspaces in the country, as productive time is lost during hours spent in traffic.

Wittig noted that the millennial market is driving the demand for more flexible workspaces, as these individuals want to maximize their productivity.

“We have a lot more millennials here in the [Philippines],” he observed. “They don’t know any other way to work than with their devices.”

He said these factors are driving the firm to expand its number of office centers in the country.

“If we continue to see the growth in the market, we will see more Regus Centers,” Wittig said.

Regus Philippines currently has 22 office centers nationwide, mostly in Metro Manila. These centers house up to around 5,000 workstations, 90 percent of which, have been occupied as of end-2015.

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