Co-working

Awfis, India’s largest flexible workspace solutions provider, is set to expand into new and existing markets, with a focus on strategic investments in smaller cities.

On its first day, Awfis Space Solutions, a major office-sharing provider, received offers that exceeded twice the amount of shares available. Bids for 17.4 million shares above the 8.62 million available, according to BSE statistics.

Flexible space operators became the second-largest office leasing industry in the January to March quarter of 2024, a major change. To suit worldwide corporate needs, the sector's growth has increased.

Awfis, India's leading flexible workspace provider, opened its largest facility in Bhubaneswar, Orissa, to promote creativity and cooperation. The breadth of Awfis's network makes it the leader in flexible workplaces, and its expansion development and potential in Tier II cities of India.

Table Space Technologies leased over 100,000 square feet at Cafe Coffee Day Square in Bengaluru to expand, highlighting India's growing need for flexible offices. Once Cafe Coffee Day's corporate headquarters and flagship shop.

The premier managed workspace provider Table Space recently completed a major leasing deal with real estate developer Runwal. The agreement leases about 1.31 lakh sq ft of office space in Runwal's commercial skyscraper in crowded Andheri, Mumbai.

Awfis Space Solutions, a leading workspace solutions provider, filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. An OFS of up to 1 crore equity shares is offered with a new offering of up to INR 160 crore in the IPO.

RMZ Spire in Hyderabad and Manyata Redwood in Bengaluru have signed WeWork India leases. Both buildings, which will begin construction in the next months, are in technical hubs.

One of Bangalore's biggest co-working space deals: IndiQube leased a 1,037-seater premium managed workplace to Ninjacart in Bengaluru's Outer Ring Road Corridor, according to Colliers, the real estate consultancy that coordinated the deal.

Bank of New York Mellon Corporation (BNY Mellon), an American investment banking services holding company headquartered in New York City and a Fortune 500 corporation, has signed one of the most significant agreements of 2023 with 315Work Avenue.

Trios, a major co-working space provider, opened three additional locations in Pune, Maharashtra. They are ideally positioned in Cybercity IT Park in Magarpatta, Symphony IT Park in Nanded City, and Indialand Global Tech Park in Hinjawadi, Phase 1

Flexible office space in India often referred to as co-working spaces too are bound to grow phenomenally. The Vestian Report tries to get the figures right to get the facts validated.

Smartworks has set the industry abuzz with its ambitious expansion in the heart of Chennai's IT corridor.

315Work Avenue leased five floors and 162,000 square feet of office space in Pune's Raheja Woods' Kalyani Nagar locality for five years.

Managed office space provider Tablespace has leased 100,000 square feet of office space in Pune in order to extend its operations.