Regus-owned Auckland working space in administration, owing $25m

There were 21 offices offered as part of the Spacesworks office. (Image: Spacesworks)

Fri, 04 Nov 2022

Creditors of a Regus-owned central Auckland co-working space owed $25 million will get the chance to vote on the future of the company next week.And the administrator is recommending the company be liquidated.Hereford Mews was put into administration last month after occupancy rates at its site on Karangahape Rd were hit due to covid-19, an initial report said.According to the Companies Register, the company’s sole shareholder is global flexible working space operator Regus Group, with its directors listed as New Zealand-based Alexander S...

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