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Franchises in future for offices firm

The world’s largest serviced offices group is eyeing up to 220 new locations as it continues to develop a franchise model.

IWG, the workspace company behind the Regus brand, said that it planned to expand its portfolio by six million sq ft in 2019, having added 55 new locations, or 1.5m sq ft, in the first quarter.

The group  has 3,311 sites in 110 countries, with its biggest markets including the United States, Canada, Britain, Brazil and China.

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