IWG is opening a state-of-the-art flexible workspace in Finland as the demand for hybrid working rapidly accelerates. The addition of IWG's latest location in Oulu comes on the heels of the business posting its highest-ever half-year revenue and achieving rapid network growth with 600 locations added to its global network between January and end of September 2023. With explosive market growth as companies of all sizes adopt hybrid working for the long-term, it is predicted that 30% of all commercial real estate will be flexible workspace by 2030.

With IWG, partners are able to capitalise on this fast-growing sector, while being supported by IWG's unparalleled experience. Hybrid working offers companies a significantly lower cost base with an average saving of ?10,000 per employee. Finland is one of the Nordics fastest growing regional locations.

Demand for workspaces in the area has performed strongly, with the number of enquiries for space in IWG locations continuing to increase. Situated in the largest city in Northern Finland, the new Oulu workspace will open on the 3rd floor, providing facilities including private offices, meeting rooms, co-working and creative spaces. The building owner decided to invest in the IWG platform to maximise the return on their real estate space by capitalising on the rapidly expanding demand for hybrid working.

With an annual investment of around £50 million into its technology platform, IWG provides partners with access to all the company's expertise as well as design and fit-out support and sales and marketing capabilities. As the ongoing shift towards hybrid working accelerates, conventional office occupancy will continue to fall as businesses require less traditional space and turn to flexible workspace instead. In 2022, IWG welcomed hundreds of new partner locations and is on track to add around 1,000 over the course of the next year.

IWG already counts 83% of Fortune 500 companies among its customer base.