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Globex Business Centres.

Globex Business Centres to open flagship Saudi centre in Jeddah

: Monday, April 07 - 2014 @ 11:00

Globex Business Centres Inc. (www.globexcentres.com) will open its flagship centre for the Kingdom of Saudi Arabia in Jeddah.

Canadian based Globex Business Centres Inc. (www.globexcentres.com) recently concluded a Master Franchise agreement with a large and well respected Saudi group to develop the Globex brand of business centres in the Western Region of Saudi Arabia with the key market of Jeddah being the focus.

The Saudi market represents a significant opportunity for Globex and its Franchisee as the Kingdom is a large, growing market with limited choice. Strong market acceptance of the Globex brand in the key Saudi markets of Jeddah and Riyadh is expected (as has been the case in both the UAE and Qatar) due to the premium standard features of all Globex centres: large allocation of space per office/workstation/client; large allocation of common space with extra wide hallways and green space; high-end quality centre fit-out and finishing with strict attention to detail; exceptionally furnished offices, receptions and meeting rooms; most advanced IT, telecom and connectivity solutions available in each market; new world-class “land mark” signature locations; most competitive pricing; etc.

The continued growth and success of the Globex brand in the Middle-East has positioned Globex for a strong entry in the key markets of Asia and Latin America where Globex is partnering with large, sophisticated, successful investment/property groups to ensure: 1) access to world-class ‘land market’ signature property developments for the best locations; 2) aggressive market development via rapid roll-out of centre openings; 3) stable brand representation due to long-term Master License/Franchise Agreements; and 4) premium quality centres due to the high CAPEX requirements.

With each new world-class centre opened – Globex is making rapid progress in becoming the Number One challenger brand in serviced offices focused exclusively on the fast growing emerging markets of the Middle-East, Africa, Asia and Latin America.

For more information please contact:
Lorraine M. Davidson
Director of Corporate Communications
Globex Business Centers Inc.
Tel: 4168002417

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Monday, April 7- 2014 @ 11:00 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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