Ja­maicans buy into Wil­liams Of­fices

Daily Nation (Barbados) - - News -

A re­gional of­fice fran­chise based in Bar­ba­dos is now partly owned by Ja­maican in­ter­ests.

Wil­liams Of­fices (Caribbean) Lim­ited was es­tab­lished here in 2015 with a man­date to li­cense and op­er­ate the in­ter­na­tional Re­gus brand and busi­ness model in sev­eral Caribbean coun­tries.

Ja­maica en­tity Pan­jam In­vest­ment Lim­ited (Pan­jam) has now ac­quired a 25 per cent stake in Wil­liams Of­fices, which is the Caribbean fran­chise part­ner for Re­gus. Re­gus op­er­ates a net­work of of­fice, co-work­ing and meet­ing spa­ces for in­di­vid­u­als and com­pa­nies in al­most 900 cities across 120 coun­tries.

Hav­ing opened its first Re­gus Busi­ness Cen­tre in June 2016 at One Welches, Bar­ba­dos, Wil­liams Of­fices opened a sec­ond cen­tre at In­vader’s Bay in Trinidad and Tobago in March, 2017.

Now, the third cen­tre will be lo­cated in the Pan­jam Build­ing in New Kingston, Ja­maica, and is ear­marked to open later this month.

Bar­ba­dian en­tre­pre­neur Ralph “Bizzy” Wil­liams, chair­man of Wil­liams Of­fices, said the part­ner­shp with Pan­jam would “al­low us grow faster through­out the Caribbean”.

“We are very ex­cited about the prospect of bring­ing Re­gus to Ja­maica. We are also de­lighted that Pan­jam has in­vested at the re­gional level,” he said.

Pan­jam chief oper­at­ing of­fi­cer Paul Han­worth said the in­vest­ment in Wil­liams Of­fices “rep­re­sents our con­fi­dence in the re­gion’s fu­ture and we be­lieve it will con­trib­ute to our pur­suit of cre­at­ing long-term share­holder value”.

Wil­liams Of­fices man­ag­ing direc­tor and co-founder Mark Line­han added: “Flex­i­ble work­ing spa­ces are rapidly gain­ing pop­u­lar­ity around the world and we look for­ward to bring­ing these cut­ting edge prac­tices to Ja­maica.”

“Fit­ted out with the lat­est tech­nol­ogy, our fully equipped busi­ness cen­tre will meet the needs of both small and large busi­nesses, whether they are look­ing for ded­i­cated of­fice space, meet­ing rooms or a busi­ness lounge – all of which they can use on a daily, weekly, monthly or yearly ba­sis,” he said.(sc/pr)

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