PARIS, November 28 /PRNewswire/ --

- Amid a Volatile Economy, Demand for Turnkey Office Space Stays Strong

Citing growth opportunities in Latin America, The Regus Group (LSE: RGU), the leading global provider of workplace solutions, will extend its footprint in the region with the opening of its first business center in Asuncion, Paraguay.

Asuncion, the country's capital and largest city, is garnering attention on the world stage in part because of its agricultural export products such as soybeans, cotton and beef. A recent Reuters news article highlighted that Some of India's top vegetable oil firms plan to lease or buy land in Paraguay.

As a result, Regus is experiencing increased demand in the region from customers who are assessing business opportunities. In addition to its agricultural activity, affordability is a key selling point for Asuncion. Mercer Human Resource Consulting ranked the city as the world's least expensive city to live in for the fifth year running. The firm estimates that to live in Asuncion costs half as much as it does to live in New York.

Regus' fully furnished and equipped business centers enable companies to easily and quickly establish a presence in a new market with minimal risk or upfront investment, said Mark Dixon, Group Chief Executive. This is particularly beneficial when businesses are setting up branch offices in emerging markets like Asuncion. We are confident that our ready-to-use office space will appeal to local entrepreneurs as well as multinational corporations.

Paraguay's population of 6.5 million is distributed unevenly throughout country. The vast majority of Paraguayans reside in the eastern part of the country, within 100 miles of Asuncion. Having the majority of the population within driving distance to the capital city and to our new center puts us and our customers in a good position to pursue a wide range of business activity. he concluded.

The Regus Asuncion center will be located at Citicenter - a Class A structure that is widely recognized as the premier building in Asuncion's Villa Morra business and residential area. The center will feature private offices, a conference room as well as a professional business lounge for drop-in clients who want to remain productive while on the road.

Argentina and Brazil are among Paraguay's top partners for trade. Regus' established presence in the two countries will make business travel easier for individuals who will be conducting business across the three nations. In addition, Regus' Miami-based clientele has expressed interest in our new market.

Many of our Miami-based clients conduct business in Latin America and already use Regus' services in other South American countries. added Mr. Dixon.

The need for flexible workplace solutions continues to rise as challenges in the global economy force companies to rethink their real estate strategy.

Given the current economic downturn, Regus' workplace model is a more attractive option in terms of flexibility and lower costs. With the choice to sign an agreement for six months versus five years, our clients are taking on the right amount of space for the right term, Mr. Dixon noted.

About The Regus Group

The Regus Group is the world's leading provider of pioneering workplace solutions, with products and services ranging from fully-equipped offices to professional meeting rooms, business lounges and the largest network of videoconferencing studios. The Regus Group delivers a new way to work, whether it's from home, on the road or from an office.

Clients such as Google, GlaxoSmithKline, IBM, Nokia and Accenture join thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to The Regus Group, allowing them to focus on their core business.

Over 400,000 clients a day benefit from Regus Group facilities spread across a global footprint of 950 locations in 400 cities and 70 countries, which allows individuals and companies to work wherever, however and whenever they want to.

For more information, visit http://www.regus.com.

Media Contact: Nathalie Renson, Tel: +33-1-70-92-39-37, nathalie.renson@regus.com