The International Workplace Group (IWG), the world’s leading provider of hybrid work solutions and owner of the Spaces, Regus, and HQ brands, has opened a new Regus facility in Porto Alegre (RS). Amidst the significant shift toward more flexible work arrangements and in the wake of the economic recovery in Rio Grande do Sul, especially in the real estate market after the floods that impacted the state, IWG is expanding its network to meet the growing demand for flexible workspaces in Brazil.
The opening of the latest International Workplace Group center comes after the company recorded in 2024 its highest annual revenue, cash flow, and profit growth in its history, along with rapid expansion of its global workspace network. Last year, the group signed 899 new centers and opened 624 new locations.
Located on Carlos Gomes Avenue in the Três Figueiras neighborhood in the eastern part of the state capital, the new center is also part of a regional effort by the International Workplace Group to meet the growing demand for high-end flexible workspaces in Southern Brazil. The opening also reflects the rebuilding period in Rio Grande do Sul, not only in the real estate sector—which has seen a gradual increase in business volume after the 2024 floods—but also through initiatives to boost commerce, industry, and tourism. An example is the hosting of major events like the South Summit 2025, where the International Workplace Group participated in a panel discussion on the growth of digital nomads.
High Demand for Workplace Flexibility
Now open to the public, the new facility spans two floors and offers spaces for established companies and startups across various traditional sectors in the Porto Alegre metropolitan area, including technology, innovation, automotive, metallurgy, footwear, chemical and petrochemical industries, as well as food, paper, cellulose, and textile industries. Additionally, through IWG’s ‘Design Your Own Office’ service, businesses can customize their workspace to fit their needs. The new Regus location features full facilities, including private offices, meeting rooms, and shared creative workspaces.
The building’s owners invested in the IWG platform to maximize the property’s return, capitalizing on the rapidly growing demand for hybrid work.
Recent research shows that workplace and schedule flexibility offers numerous benefits for employees, including better work-life balance, financial savings, and health benefits. Employers also benefit from the hybrid model with increased productivity, cost savings, and a more efficient, engaged workforce.
With the explosive growth of the coworking market as companies of all sizes adopt long-term hybrid work, it is projected that 30% of all commercial properties will become flexible workspaces by 2030. Supported by the International Workplace Group, partners can capitalize on this fast-growing sector while relying on IWG’s unparalleled expertise. Hybrid work offers businesses significantly lower costs, with average savings of $11,000 per employee.
“The opening of the Regus Três Figueiras facility is a key milestone in our expansion in Brazil, particularly in the South, where the market has shown increasing demand for flexible work solutions. Porto Alegre, with its economic dynamism and strong business sector, presents an excellent opportunity to offer innovative workspaces that cater to both established companies and startups,” says Tiago Alves, Brazil CEO of the International Workplace Group. “With this new location, we reinforce our commitment to sustainable growth and adapting to new market needs, providing our clients with the flexibility and infrastructure required to thrive in a hybrid work environment,” he adds.
The International Workplace Group is the global leader in hybrid work, with thousands of locations in over 120 countries. Companies in IWG’s client portfolio can access all locations and business services through the IWG app.
As the shift toward hybrid work accelerates, the growth potential of the coworking sector is exponential, with an estimated 1.2 billion office workers worldwide and a total addressable market exceeding $2 trillion. With 899 new partners added in 2024, IWG now counts 83% of Fortune 500 companies among its clients.
“We are establishing a stronger and much-needed presence in Southern Brazil with this latest opening. As a major business hub, Porto Alegre is a fantastic place to drive our expansion plans. We’re very pleased to partner with Edifício Eólis to develop the Regus brand under a management contract that will add a cutting-edge workspace to their building,” commented Mark Dixon, CEO and Founder of International Workplace Group PLC.
“Our expansion into another major Brazilian capital comes at a time when more companies are discovering that flexible work is incredibly popular among employees, enhancing satisfaction and work-life balance while providing numerous benefits to businesses. Our proven workspace model boosts productivity and allows companies to significantly scale their costs up or down while providing access to thousands of workspaces,” the executive added.
