Globex Business Centres Sees Big Growth in India for Serviced Office Space in 2011!

April 2, 2011 - PRLog -- Globex Business Centres Inc. (www.globexcentres.com) sees big growth opportunities for 2011 and 2012 in India for serviced office space/business centres given projected growth of over 8% for 2011/2012!

Ms. Lorraine Davidson, Director of Corporate Communications and Investor Relations for Globex stated - "Given the on-going economic challenges facing the western markets - we view the India market as an exceptional opportunity for the Globex brand of business centres.  We look forward to finalizing our current discussions with potential candidates vis-a-vis the representation of the Globex brand via the appointment of exclusive Globex Master Licensees in the key markets of India!  To jump-start the launch of Globex Business Centres in India, we have implemented a two-prong strategy to expansion in this massive market!  The expansion strategy consists of: A) the rebranding of existing 5-star independent centres to the Globex brand; and B) the opening of new Globex centres.
We see the expansion in India as an essential component of achieving our strategic goal of becoming the number two [#2] global brand of serviced office space/business centres in the emerging markets of the middle-east, africa, asia and latin america.  Our on-going successes in middle-east and latin america will complement the expansion plans for both India and China.  With respects to India - we are inching towards the finalization of Master Licensees for  the key markets of: Mumbai, New Delhi, Bangalore and Gurgaon.  The other markets of India in which we plan to finalize Master Licenses for include: Chennai, Bardhaman, Hyderabad, Kolkata, Nagpur, Pune, Ahmedabad and Surat.  With a population of over 1.1 billion people, a GDP of over $3.5 Trillion USD, an annual economic growth rate of over 7% since 1997, and the urgent need by consumers and office space brokers for an alternative brand of global business centres from which to patronize - the India market offers Globex and their exclusive Master Licensees an outstanding opportunity!"

Notes and Media Contacts

With the corporate mandate to establish over 150 Globex branded business centres in the emerging markets of Latin America, the Middle-East, Africa and Asia - more information related to the Globex Master License Program can be secured by contacting the Director of Licensing at licensing@globexcentres.com

For media and investor related inquiries, please contact Ms. Lorraine Davidson, Director of Corporate Communications and Investor Relations at: davidson@globexcentres.com

Globex Business Centres Inc. is a proud corporate donor/contributor to the United Nations Foundation (www.unfoundation.org) via the allocation of up to 10 percent of its annual pre-tax profits to this world class charity.