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Bankers Trust Invests $100 Million in Regus Business Centre PLC To Fund a Major U.S. and Asian Expansion.


NEW YORK--(BUSINESS WIRE)--Aug. 6, 1998--A Bankers Trust lead consortium, including BT Alex Brown, BT Capital Partners, Apollo Real Estate and Pelham Partners Ltd, today announced that it is investing $100 million in Regus Business Centre PLC, Europe's largest provider of serviced offices.

Already onethis multi-million dollar investment to fund the next phase of its international expansion, in particular speor $100 million. Regus chairman Mark Dixon reta.

"The flexibility of having instant access to serviced offices has captured the imagination of corporang by the end of this year. This investment from Bankers Trust and Apollo means we can increase the momentum of this expansion. I am delighted that we have found two fina global opportunities."

Ian Marcus, Managthe Regus concept will become recognized as the high specification individual offices in 29 countries. Each business center provides fully equipped off accessing new markets or utilizing serviced sp investment-banking subsidiary of BankersTrust Corporation. BT Capital Partners is the private equity-investtate fund. Pelham Partners Ltd is Apollo's European Affiliate.

Founded in 1989, Regus brings together pme locations in 29 countries, Regus is Europe's largest operator of immediately available, fully furnished sconsistent quality product. In 1998, the company KEYWORD: BANKING REAL ESTATE Today's News On The Net - Business Wire's full file on the Internet

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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:4EUUK
Date:Aug 6, 1998
Words:217
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