For decades, baby boomers ruled the corporate world and, during this time, one of the key hallmarks of a company’s success was always its property; preferably a large, imposing building at a prestigious address where the workers all gathered together daily at the same time to conduct business.

Listed diversified real estate investment trust Redefine Properties (JSE: RDF) has announced that it has signed the world's leading provider of fully serviced, flexible work spaces Regus Business Centres as a tenant at its iconic Black River Park in Cape Town. 

To meet the demands of the growing number of companies looking to improve the utilisation of their office space, listed real estate investment trust Redefine Properties (JSE: RDF) has partnered with global flexible workspace company Regus to grow its footprint in this exciting market segment.

A sharp decline in business confidence in many rapid growing economies is raising a warning flag that global business may face continued volatility for some months to come. 

Regus CEO Kevin Rawnsley expects vast growth

Should companies own the real estate they operate from or are they better off renting?