Company Growth in North America Tied to Rising Demand for Flexible
TORONTO, Aug. 24 /CNW/ - Regus, the
world's leading provider of innovative workplace solutions, has extended
its investment in Canada with the opening of a new full service business
centre in Toronto as demand for flexible workplaces remains strong. The
new centre, located on Yonge Street in the North York section of
Toronto, brings the total number of Regus locations in Canada to 29.
Toronto, along with Vancouver, are the two Canadian cities leading a
post-recession rebound. Toronto boasts one of the most diversified
economies of any city-region in North America. The city ranks in the
top five for more than 16 business sectors compared to other North
American cities. The city is considered the heart of Canada's economy
comprising 11 percent of the country's GDP.
"Toronto, and in particular, North York, presents endless business
opportunities," said Barry Weighell, Regus' Vice President of
Operations, Canada. "Major multinational corporations have established
their Canadian head offices along Yonge Street, including Procter &
Gamble, Nestlé and Xerox," added Weighell.
The company also cites a spike in customer enquiries from Canada, with a
high concentration in Toronto, as a major factor leading to an
additional location in the region.
Regus' new North American Centre at 5700 Yonge Street offers fully
furnished and equipped private offices, meeting rooms, video
communications services and a business lounge. For clients who need to
travel, Regus' Businessworld Membership Program provides access to the
company's global network of 1,100 locations worldwide.
"For businesses looking to enter or expand in North America, Toronto is
an attractive choice for companies of all sizes," noted Weighell. "Its
highly educated workforce, proximity to key U.S. markets and its
business-friendly environment puts companies in a position to succeed."
In addition the new Toronto facility, Regus will also be opening up a
new Metrotown location in Burnaby next month. These openings are part
of an overall North American expansion strategy for Regus. By the end
of 2010, the company expects to operate 460 centres throughout North
Regus, the world's leading global provider of innovative workplace
solutions with 1,100 locations in 500 cities and 85 countries, offers
products and services ranging from fully equipped offices to
professional meeting rooms, business lounges and the world's largest
network of video communication studios.
For more information please visit href="www.regus.ca">www.regus.ca.
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