IWG, the world's largest and fastest-growing operator of flex and hybrid workspaces, with thousands of locations and a footprint in 120 countries, announced a significant deal in Thailand with BDO, the world's fifth-largest accounting network which provides assurance, tax, and financial advisory services to clients around the world. BDO has taken up 500 square meters of a customized hybrid office space at the iconic Regus Exchange Tower in the heart of Bangkok. Employees will also have access to IWG's vast global network, which includes 26 locations in Thailand.
The deal with BDO reflects IWG's position as the unrivalled leader in hybrid work solutions. Hybrid working - where employees divide their working hours between their home and a local flexible workspace - helps maximize productivity while creating a more sustainable way of working for both people and the planet. It also saves a company money while reflecting employee preferences for a hybrid model following a long period of working from home during the pandemic.
BDO currently serves more than 400 publicly traded US and international clients providing unparalleled partner involvement, deep industry knowledge and participation, focused capabilities across disciplines, and a cohesive global network. With thousands of locations across more than 120 countries, IWG already works with BDO in the UK, Japan, Israel, and Guyana. BDO is pleased to extend this relationship to Thailand as the leading choice in the new world of work providing its team with an advanced customized hybrid office design. The unbeatable location in the nation's capital, at the central Asoke interchange station, provides convenient BTS and MRT transportation access.
"An increasing number of companies want a hybrid model to meet the needs of their teams, who demand more flexibility and better work-life balance. This results in increased productivity while being better engaged and ready to support their clients. IWG is driving the hybrid workspace trend as part of our solutions for every type of work profile," said Gareth Haver, Regional CEO for IWG in APAC. "IWG is pleased to partner with BDO in bringing its world-class resources and exceptional service to all of its clients in Thailand. BDO's 100-strong team is working out of the Regus Exchange Tower location in a unique hybrid model, allowing for more productive work time in a state-of-the art office space with a cutting-edge IT infrastructure."
IWG, through its diverse brands which include Regus, Spaces, No18, Basepoint, Open Office, and Signature, has ambitious growth plans in 2022. The company sees tremendous opportunities in Bangkok for hybrid working environments, with the opening of a further eight new centers to be announced in the coming months in prime locations throughout the greater metropolitan area. This will provide a growing and more convenient network of hybrid workspaces that empowers businesses to be their most productive in Thailand, while meeting employee expectations, saving them money, and creating a more sustainable way of working.