IWG Hits New Milestone with Record 21 Centre Signings Across India in First Quarter of 2026
Mumbai, April 30, 2026: International Workplace Group (IWG) has reported a record-breaking start to 2026, announcing the addition of 21 new centers across India in the first quarter alone. This unprecedented expansion represents the company’s highest-ever number of signings in a single quarter within the country. The new locations span IWG’s diverse brand portfolio, including Regus, Spaces, HQ, and OpenOffice, catering to an intense surge in demand for hybrid working solutions, the company said in a press release.
The Q1 rollout strategically bridges major metropolitan hubs with high-growth regional centers. While the company continues to bolster its presence in key business districts such as Gurugram, Noida, Chennai, and Hyderabad, a significant portion of the expansion is focused on Tier 2 and Tier 3 cities. New signings in locations such as Jaipur, Surat, Ujjain, Malappuram, and Tiruppur reflect a broader structural shift toward the “15-minute city” model, where professional environments are situated closer to residential communities to reduce lengthy commutes.
This expansion coincides with a period of massive growth for the sector, which has evolved from 2.2 million square feet in 2017 to over 18 million square feet by 2025. Industry data indicates that large enterprises now dominate flex space absorption, accounting for 72% of total seats. This trend is driven by corporations and Global Capability Centres (GCCs) adopting “hub-and-spoke” models to tap into regional talent pools. By establishing a presence in emerging commercial hubs like Gandhinagar, Ludhiana, and Coimbatore, IWG is facilitating this corporate decentralization.
Mark Dixon, Founder and CEO of International Workplace Group, emphasized that the momentum is a direct result of global shifts in corporate strategy. “2025 was a landmark year for International Workplace Group, delivering record revenue and our strongest network expansion to date. This momentum is a clear reflection of the accelerating global demand for ‘platform working,’ as businesses of all sizes move away from traditional, fixed-office models in favour of the agility our network provides. Our strategy remains focused on scaling this world-class platform through capital-light partnerships, allowing us to rapidly expand our coverage and monetise vacant space for property owners. With a total addressable market exceeding $2 trillion, we are building the foundations for a future where professional, flexible workspace is available in the heart of every community,” he said.
In India, the company’s growth strategy is specifically designed to meet the requirement for high-quality, professional infrastructure outside of traditional metros. Harsh Lambah, Country Head, India, IWG, highlighted the role of agility in modern real estate planning. “Our rapid network expansion in India is fuelled by the rising demand for flexible workspace and platform working, as companies of all sizes seek to provide employees with access to a professional network of locations. These solutions are becoming an integral part of how enterprises design their real estate strategies, providing the agility they now require. By leveraging our world-class platform, we are enabling property owners to monetise vacant space and meet the accelerating demand for hybrid working. Our capital-light growth strategy focuses on expanding network coverage deep into the heart of communities, including suburbs and smaller commuter towns, to provide workers with professional environments in more convenient locations. Our continued investment in India underscores our confidence in the market’s long-term growth and our commitment to enabling the future of work,” Lambah stated.
As the flexible workspace market continues to gain a larger share of the overall commercial real estate sector, IWG’s record Q1 performance positions the company to lead the next phase of India’s workspace evolution. With 21 new centers already added, the company is poised for further acceleration throughout the year, supporting a distributed workforce with scalable, premium office solutions across the country.
