Melbourne,
01
July
2015
|
00:00
Australia/Sydney

Global workplace leader acquires 4,100sq m of Melbourne office space

Regus opens five new locations in Melbourne taking its local network to 22 locations

Global workplace provider, Regus, has increased its Melbourne property portfolio by 30 per cent with the launch of five new business centres.

Alongside the recent openings at 180 Lonsdale and 90 Collins Street, Regus has negotiated further leases in the eastern suburbs of Kew and Box Hill, with both centres set to open by the end of July, and a prestigious additional CBD offering at Investa’s upcoming 567 Collins Street location due to launch in September.

These openings will increase the Melbourne Regus network to a total of 22 locations and has resulted in an additional 4,100 square metres (sq m) of negotiated office leases with landlords including PCL, Investa Property Group, Dexus and Mirvac.

The need for flexible working options such as co-working spaces, pay-as-you-go offices, virtual offices and drop-in business lounges has seen Regus’ Melbourne network almost quadruple in size from just six centres in 2013.

The latest office leases include:

  • Regus 180 Lonsdale Street, which has a floor space of 913.7sq m and is situated on level 19 with views of the inner city. Fellow building tenants include Australia Post, Accenture and GHD.
  • Regus 90 Collins Street is situated on level 8 and has a floor space of 1,136.80sq m.
  • Regus, Kew occupies a floor space of 526sq m on the ground floor of a five-level office building in one of Melbourne’s most prestigious suburbs. It has views overlooking Alexandra Gardens.
  • Regus, Box Hill has a floor space of 651.1sq m and offers unique office accommodation 14 km east of Melbourne’s CBD.
  • Regus 567 Collins Street will occupy 869sq m of floor space in Investa’s upcoming A New Centrepiece For Melbourne building, designed to create a healthy, balanced lifestyle for local professionals.

Regus has recently announced its partnership with Colliers International to further ramp up its national expansion and help source landlords interested in leasing office space.

CEO of Regus Australia and New Zealand, Paul Migliorini, said by 2020 Regus aims to be in all Australian suburban markets, all regional centres and select transport nodes, including airports.

“Colliers International's role will be pivotal in helping us secure property and partnership opportunities with landlords and occupiers, not just in Melbourne, but nationwide. Their expertise will help us identify opportunities that are going to be most suitable to our growing customer network," Mr. Migliorini said.

With these five additional centres, their launch contributes to a rapid growth period for Regus in Melbourne – with an end of year goal to have a Regus centre within a 20-minute drive of all Melbournians.

The new locations provide a range of fully equipped workspace options and business services including 24-hour access to a business lounge, part-time and Virtual Offices, serviced offices, meeting rooms and video conferencing.

The London Stock Exchange (LSE) listed company operates a network of 2,300 business centres in 850 cities and 104 countries, accommodating a wide variety of users including start-ups, multi-national-firms and mobile workers seeking somewhere productive to work when on the move.

Mr. Migliorini said that Melbourne offers great opportunities for businesses to successfully expand in and out of the local market, as the city is one of the strongest economic and entrepreneurial hubs in the country[1].

“Flexible workplace providers, such as Regus, allow businesses to rapidly react to market conditions and keep their capital free for investment in further growth. Businesses need to be able to rapidly expand, but also to retract speedily, should growth possibilities open up elsewhere,” said Mr. Migliorini.

[1] http://theage.domain.com.au/real-estate-news/citys-population-explosion-20110331-1cng1.html

Boilerplate

About Regus:

Regus is the global workplace provider.

Its network of more than 2,300 business centres in 850 cities and 104 countries provides convenient, high-quality, fully serviced spaces for people to work, whether for a few minutes or a few years. Companies like Google, Toshiba and GlaxoSmithKline choose Regus so that they can work flexibly and make their businesses more successful.

The key to flexible working is convenience and so Regus is opening wherever its 1.8 million members want support - city centres, suburban districts, shopping centres and retail outlets, railway stations, motorway service stations and even community centres.

Founded in Brussels, Belgium, in 1989, Regus is based in Luxembourg and listed on the London Stock Exchange. For more information, please visit: www.regus.com.au