Demand for Ready-to-Use Office Space Rises as Businesses Seek to Reduce
Cost and Risk
BURLINGTON, Ontario, Feb. 26 /CNW/ -- Doom-and-gloom economic reports may
be making headlines, but Burlington, Ontario is telling a different, more
uplifting story. Continued growth in four main industries -- financial
services, manufacturing, software development and metal fabrication -- is
keeping the Burlington economy diversified and stable. A survey of local
businesses found that a majority will be hiring or avoid layoffs in 2009.
Responding to continued demand for cost-effective places to work with
flexible terms in the greater Burlington area, The Regus Group (LSE: RGU) has
opened a fully-furnished and equipped business centre on Brant Street within
walking distance of downtown Burlington's many attractions. This is Regus'
first new centre in Ontario since the global market downturn and its 29th in
Canada, reinforcing the firm's leadership presence. Regus also offers
immediate, affordable access to offices in more than 400 locations across
America and 1,000 worldwide.
Flexible Terms, Affordable Rates for the Way Business is Done Today
For most companies, real estate is simply not a core competency. Finding
space, negotiating a lease and setting up an office can be a drag on
resources. And since facilities costs are typically a company's
second-largest fixed line item, making a wrong decision can be the kiss of
The Regus Group offers companies a way to establish a business presence
in Burlington more affordably and without risk. "Burlington offers a thriving
business community with easy access to opportunities in Toronto and Hamilton,"
said Wes Lenci, Regus Vice President for Canada. "Regus helps break down
barriers to market entry by eliminating long-term lease agreements and
up-front capital expenditures. In addition, we dramatically reduce costs by
enabling clients to save up to 60 percent on facilities. Imagine the bottom
line impact: increased market opportunity, reduced cost structure, and
additional cash that can be reinvested in the business."
Companies that don't need a full time office but still require a market
presence to gain a competitive edge can use Regus' virtual offices to quickly
establish a local address, phone number and receptionist at any of its
business centres. "For business travelers needing a professional environment
for client meetings, we offer business-ready conference rooms or business
lounges for a few hours, a day, or a week," said Lenci.
Suburban Living with Big City Benefits Attracts Businesses, Families
Burlington has been transformed into an attractive destination for
businesses and travelers through numerous revitalization projects including
Burlington's Downtown Waterfront, the expanded Art Centre and soon-to-be
completed Brant Street Pier. Nearby Lake Ontario and the Niagara Escarpment
offer cost-effective alternatives for corporate retreats. In addition,
businesses relocating or expanding to Ontario enjoy low employment costs and
some of the lowest corporate tax rates in North America.
About The Regus Group
The Regus Group is the world's leading provider of pioneering workplace
solutions, with products and services ranging from fully equipped offices to
professional meeting rooms, business lounges and the largest network of
videoconferencing studios. The Regus Group delivers a new way to work,
whether it's from home, on the road or from an office.
Clients such as Google, GlaxoSmithKline and Nokia join thousands of
growing small and medium businesses that benefit from outsourcing their office
and workplace needs to The Regus Group, allowing them to focus on their core
Over 400,000 clients a day benefit from Regus Group facilities spread
across a global footprint of 1,000 locations in 450 cities and 75 countries,
which allows individuals and companies to work wherever, however and whenever
they want to. Regus now has 29 centres in Canada with 17 locations in
Ontario, 8 in British Columbia, two in Alberta, one in Manitoba and one in
For information about affordable office space in prime locations, visit
For further information:
For further information: Dennis Watson of The Regus Group,
+1-214-295-2344, firstname.lastname@example.org Web Site: http://www.regus.ca