Under a long-term master franchise agreement, TKP had exclusive rights to the use of the Regus, Spaces and OpenOffice brands in Japan. IWG has completed the sale of is Japan - based operations to TKP less than two months after the deal was announced . TKP will continue to operate the co - working and flexible office centres under IWG ’s brands and operating arrangements . The companies signed a long - term master franchise agreement that gives TKP exclusive rights to operate the Regus , Spaces and OpenOffice brands in Japan .
IWG has completed the sale of is Japan - based operations to TKP less than two months after the deal was announced . TKP will continue to operate the co - working and flexible office centres under IWG ’s brands and operating arrangements . The companies signed a long - term master franchise agreement that gives TKP exclusive rights to operate the Regus , Spaces and OpenOffice brands in Japan .