Shifting Workplace Needs Fuels Regus' Expansion in Burnaby, BC

• Businesses Seek Flexible Workplace Solutions to Keep Overheads low and Seize new Opportunities Emerging in the Region

BURNABY, BC, Nov. 30 /CNW/ - Regus is responding to the growing demand for flexible workplace
solutions with the opening of a new full service business centre at Metrotower II located at 4720 Kingsway (http://www.regus.com/locations/CA/Burnaby/BCBurnabyMetrotown.htm?product=offices) in Burnaby, British Columbia. Positive indicators from the region signal a renewed optimism for substantial growth in Western Canada.

Burnaby's unique qualities establishes the region for continued economic and population growth. Sectors such as informational technology, film/television and professional services along with its close proximity to downtown Vancouver were among the factors Regus considered when choosing the location. Client demands for regional offices in the Pacific Rim also influenced the move. A recent report from the Canadian Federation of Independent Business finds confidence among British Columbia's small and mid-sized businesses is up and now the second-highest in the country.

"Burnaby is a premier community in which to live, work and play," said Wes Lenci, Regus' Regional Vice President. As the pace of business begins to accelerate, companies of all sizes are looking to adopt flexible strategies that increase their ability to succeed and allow them to take advantage of new opportunities. Our solutions were developed in direct response to the changing work styles of today's mobile business professionals," he added.

The job opportunities in Canada appear to be moving in an upward trend. Findings from the Regus Business Tracker Survey reveals that 41 percent of Canadian companies intend to hire additional staff next year.

For Jennie Wild, Account Retention Manager for the telecommunications firm, Thinktel, location was crucial when selecting her company's new office location. "We chose Regus because of the great location and responsiveness of the staff during negotiations."

Regus' Burnaby center is located on the 26th floor of Metrotower II. Its central location provides direct access to SkyTrain. Regus now operates 30 centres across Canada. All locations offer flexible terms on fully furnished private offices, meeting rooms and virtual offices. Regus' Businessworld Membership (http://www.regus.com/businessworld/default.html) program provides business travelers with affordable access to Regus' global network of more than 1,100 worldwide locations.

About Regus

Regus, the world's leading global provider of innovative workplace solutions with 1,100 locations in 500 cities and 85 countries, offers products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the world's largest network of video communication studios.

For more information please visit http://www.regus.ca.

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For further information:

Julia Gaynor
Affect Strategies
[phone]
[email protected]