Regus workspace in Davao attracts BPO firms

Global workplace provider Regus revealed that its flexible workspace in Davao has already attracted the interest of investors, including those in the business process outsourcing (BPO) sector. Regus Philippines country manager Lars Wittig said the Regus center in Davao will occupy a 1,600-square-meter facility with 3,500 sectors within the Topaz Tower at the Damosa IT Park. Aside from BPO firms, Wittig said the center has already attracted retailers and manufacturers. Wittig expects the flexible workspace center to hit an occupancy rate of 85-90% within the next two years. Regus is planning to open similar centers in the cities of Cagayan de Oro, General Santos, and Zamboanga in Mindanao, as well as Bacolod and Iloilo in the Visayas, and Baguio and Subic in Luzon.