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Demand for Modern Office Space Grows Fast in one of the World’s Largest Frontier Markets

By rotide
Created 28/09/2017 - 14:57
Regus Tehran.jpg

Regus have launched their first flagship location in the Iranian capital in partnership with EDGE Business Group.

Regus Tehran just opened on the top floor of the prestigious Sayeh Tower, located on Valiasr Avenue, which is considered one of Tehran's main thoroughfares and commercial centres. Benefits of the local area include 5* hotels, top restaurants, banks and shopping centres in addition to Mellat (Nation) Park just opposite the building.

The centre will meet the growing demand for world-class office space in what many business analysts call the world's largest untapped market since the fall of the Soviet Union.

GDP growth in the MENA region's 2nd largest economy is expected to hit 4.5% by the end of the year and as Iran's economy goes from strength to strength after the landmark nuclear deal in 2016, it is becoming one of the most exciting markets for foreign company and global brands.

For both new and established businesses, workspace can be a big challenge both in terms of cost and long-term commitment. Businesses in the bustling capital Tehran will now be able to enjoy the benefits of flexible working as Regus adds Iran to its global network of over 120 countries.

"It is exciting to see Regus coming to Iran and its presence there is testament to Iran being a thriving hub for business. Both local and international businesses will be able to benefit from this high- quality and ultra-modern workspace, whether they are looking to expand an existing business or start up a new one," said Dr. Mohsen Talaie, Senior Board Advisor to Edge Business Group, Regus's local partner in Iran.

Workspace costs can be 5-10% of a company's turnover but through a flexible working solution they will be able to set up quickly and conveniently in a modern and engaging environment that provides all the facilities they need on top of a high level of service. With no long-term leases to worry about, any business looking to expand or grow in this market can scale up and down quickly based on their needs.

Mark Dixon, Chief Executive of Regus, said: "Modern, dynamic businesses need to be able to work where they want and when they want, so I am very excited we are adding Iran to a growing global network. Whether you are a multi-national global corporation or a start-up, more than ever before you need flexibility, agility and the right location to succeed. Now firms in Iran or visitors can join over two million Regus customers who enjoy those benefits as part of our international network of over 100 countries."

Regus Iran is proud to offer comprehensive business solutions in partnership and collaboration with EDGE Business Group to all local and international companies with businesses in Iran. Clients include Iran's first and largest fashion e-commerce brand, Modiseh; the first global concierge service provider in Iran, Emminence; Iran's largest consulting group, Ara Enterprise; Iran's Largest FMCG company, Golestan; and one of the largest PR agencies in the world, MC Group, among others. 

The official launch ceremony took place on September 13, 2017 in the presence of government leaders, local business leaders, foreign companies' representatives and guests from the chambers of commerce and foreign diplomatic corps in Tehran.


Source URL:
https://www.newbusiness.co.uk/articles/travel-advice/demand-modern-office-space-grows-fast-one-world%E2%80%99s-largest-frontier-markets