CHERTSEY, U.K., Feb. 6, 2002 (PRIMEZONE) -- Emphasizing the growing trend in global outsourcing, Regus (Nasdaq:REGS) (LSE:RGU.L)has today revealed details of more than 18 million pounds worth of new deals for outsourced global workspace, in Europe and the Americas. In addition, the company has done more than 8 million pounds of business with existing customers who want to expand their current Regus workspace.
In the past few weeks, Regus sold more than 5,000 new office workstations, which included a number of large deals:
-- Philip Morris Companies Inc has taken space for 235 people in
Rome in a two-year deal
-- Interbrew has taken space for 86 people for two years in
Leuven, Belgium
-- Spatial Corp has signed a five-year deal for 347 people in
Denver, Colorado
-- Damovo has taken more than 300 workstations in the UK, Brazil and
Slovakia for periods of up the five years
-- DMR Consulting, a wholly owned subsidiary of Fujitsu has signed
five-year deals for 60 workstations in Sao Paulo, Brazil and 135
workstations in Madrid
Mark Dixon, chief executive of Regus commented, "These new deals are evidence of a growing trend for large multinationals to undertake the structured outsourcing of office space in preference to long term conventional leases. Many of the deals are for five years or longer, as organizations take advantage of the flexibility and long term cost savings they can make by outsourcing their workspace requirements to us."
Serviced offices are now even more cost-effective for longer periods, for larger numbers of people and over a wider geographic spread, compared with five years ago, claims a new survey, entitled The True Cost of the Flexible Office, just published by the Chartered Institute of Purchasing & Supply. The report highlights that serviced offices can provide an average saving of 78% in the UK, over traditional property acquisition methods.
Note to Editors
Regus is the world's leading operator of business centers, with more than 410 centers in 180 cities in 50 countries. Regus business centers provide businesses, both large and small, with access to fully equipped office workspaces on flexible terms. This minimizes their start-up costs when relocating or entering new markets and provides a cost-effective alternative to conventional property acquisition methods.
With more than 90,000 office workspaces worldwide, Regus is also market leader in providing meeting rooms, conference and training facilities and public access videoconferencing studios.