IWG is exploring plans to double its portfolio of offices in India over the next three to four years. It will also roll out its franchise model in the country. " IWG is aggressively rolling out its franchise model across the globe. Deploying the three-pronged approach of organic growth, acquisitions and franchise licences, the group is seeking markets with strong demand and a decent pool of commercial real estate stock, according to Harsh Lambah, country manager for India. The company has already acquired two office buildings in Mumbai from The company, which currently operates 120 flexible office centres under the Regus and Spaces brand in the country, sees considerable potential in India’s Tier II cities and plans to roll out its other three brands in India next year.
IWG is exploring plans to double its portfolio of offices in India over the next three to four years. It will also roll out its franchise model in the country. Deploying the three-pronged approach of organic growth, acquisitions and franchise licences, the group is seeking markets with strong demand and a decent pool of commercial real estate stock, according to Harsh Lambah, country manager for India. The company has already acquired two office buildings in Mumbai from The company, which currently operates 120 flexible office centres under the Regus and Spaces brand in the country, sees considerable potential in India’s Tier II cities and plans to roll out its other three brands in India next year.