Demand For Flexible Workspace In Vietnam To Rise With Challenging Economy In 2010

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4th December 2009, 05:50pm - Views: 651





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MEDIA RELEASE PR37421

Demand for Flexible Workspace in Vietnam to Rise with Challenging Economy in 2010


HANOI, Dec. 4 /PRNewswire-Asia-AsiaNet/ --


Regus announces pragmatic office space strategies to help companies save costs

 

    Property is the second largest fixed expense for most companies, yet recent research by CORNET

suggests that as much as 50% of corporate office space goes unused at any one time. The Regus Group, the

world's leading provider of innovative workspace solutions, reports that such waste can no longer be tolerated

in today's challenging economic climate, given the ability to implement flexible working arrangements. 


    CB Richard Ellis recently reported that prime office rentals in Ho Chi Minh City stood at VND 724,608 per

square meter (psm) per month; prices are expected to bottom out in Q4 2009 but are likely to increase as the

global economy recovers. For every hour that office space goes unoccupied, there are also overheads for

utilities, equipment and human capital that need to be considered. Additionally, workers who spend most of

their time in the actual office building may still spend hours every day away from their individual workstations.

Companies should aim to increase the efficiency of their cost-intensive real estate footprint, by creating more

flexible options for employees depending on when and where they work. 


    "Flexible working was traditionally viewed as a privilege for employees with 'special circumstances', but it is

now gaining acceptance as a cost-conscious business practice that benefits the company as much as the

workers," explained William Willems, Regus Regional Vice President for South-East Asia. "With the right tools,

the right type of workers can be every bit as productive as if they were in the main office, while the company

can save nearly the entire cost of providing their workspace."


    When it comes to expansion, companies should also consider the option of fully furnished and equipped

business centres instead of traditional real estate leases. These business centres typically have flexible short-

term contracts, allowing companies to easily and inexpensively expand or reduce their office space without

changing locations.


    About Regus


    Regus is the world's leading provider of innovative workspace solutions, offering fully-equipped offices,

meeting rooms, business lounges and the world's largest network of video communication studios. 




    Media Contact:


    Celia Chua

    BondPR International

    Tel:   +65-6338-1006

    Email: celia@bondpr.com


    SOURCE: Regus



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