In recent weeks there has been suggestion of a possible takeover bid by Regus of serviced office counterpart, MWB Business Exchange. In fact the idea goes back to 2011, when it was first revealed that Business Exchange’s parent company, MWB Group, was in financial difficulties. And since news broke in November 2012 that MWB Group had been placed into administration, it only fuelled expectations that Regus would step in to make an offer for the serviced office side of MWB’s business.
Now, various news reports published today suggest that Regus is one step closer to that goal.
An iconic Brentford business centre has changed hands as United Business Centres (UBC) take over management from Regus.
The landmark building, known as The Mille, is located on the Great West Road and is home to a number of small businesses. As UBC takes over, the staff report happiness to date with their new managers’ services.
Regus has announced it more than doubled operating profits in 2011.
On the back of last year’s success, the serviced office provider will open 200 new locations this year.
Serviced office provider Regus has announced it is to open 200 new office space locations this year after it doubled its profits in 2011.
The firm announced it had made pre-tax profits of £45.5 million and operating profits of £50.6 million last year after experiencing growth in nearly every sector. The firm reported the results had been helped by a 12% rise in sales and an 8% rise in occupancy levels. (more…)
Regus and Shell are to team up to offer business lounges on petrol forecourts across Europe.
The first lounge has already opened in France and offers internet facilities, video conferencing and printing.
Keen to embrace the popularity of mobile working, office space provider Regus has teamed up with oil giant Shell to open a number of business lounges on European petrol forecourts.
The open plan office space will offer key facilities such as internet, fax, video conferencing and printing and could be priced from just €5 per drop in session. The first lounge has already been opened just south-west of Paris, with a further number set to be opened across Europe over the next 12 months. (more…)
Quality offices refurbished in Birmingham.
Central Birmingham offices undergo successful refurbishment scheme.
A high profile office refurbishment in the heart of Birmingham has been completed by the Salmon Harvester Opportunity Fund. The company completely refurbished the 9th floor of high quality office property One Victoria Square. The offices are hugely popular with companies and have become something of a local landmark due to their distinct design and classic features.
The newly refurbished offices will provide in excess of 6,500 square feet of grade A office space within the popular Birmingham district. One of the key selling points is the amazing panoramic view that is available from the 9th floor. This is in addition to the brand new features and amenities that the refurbishment has added. (more…)
Hampshire County Council is celebrating after being singled out by the UK Green Building Council (UK-GBC) for its energy-efficient office space.
The council’s Elizabeth II Court building was praised by the board for using eco-friendly technology, such as natural cross ventilation, following a refurbishment programme earlier this year. The building was commended as an “award winning sustainable building”, which has made “huge energy savings” for the council. The building was also celebrated for its innovative use of recycling energy – heat from the council’s data centre “which would normally have been wasted” was used to heat the rest of the property. (more…)
A London-based conference centre that was previously owned by Lehman Brothers has been reopened by global serviced office company Regus. The company has spent Â£100k renovating the site at 1 Broadgate Circle, near Liverpool Street train station. The improvements include a 200-seat conference room, state of the art audio-video technology, new meeting rooms plus a business lounge. These new facilities allow for Regus members to use the drop in facilities when they are in the area.
Mark Dixon must feel like Brian Lara did when batting for Warwickshire back in 1994. His global serviced office company Regus,has just opened it’s 1001th business centre in Beavercreek, Ohio. Regus has a reputed 500,000 customers based in centers that spread over 76 countries. Mark Dixon, Global CEO, Regus said, “Mixed-use, suburban locales such as Beavercreek and The Greene Town Center are at the forefront of the global workplace revolution. In just a few years’ time, reporting to fixed office locations in established business districts will be the exception, not the norm.”
Increasing unemployment is generally bad in terms of demand for office space. And for the company that provides the most serviced office space across the globe, Regus, conventional wisdom would argue that they, as a consequence, would suffer from more people being out of work. After the dot-com boom the company lots thousands of tenants, as these start-up web companies were all using their temporary office space solution.
Serviced office giant Regus have recently been heavily promoting their “Office-in-a-box” solution for would-be entrepreneurs and start-up enterprises. The product gives recipients a taster of Regus services including office space and business lounges, as well as the associated equipment and facilities. They have even been selling it on the high-street, in stationers WH SMITH.
To help promote the new product, Regus have been running a series of competition giveaways, the latest being from the Manchester Evening News. The winners get to sample the following…