WeWork to expand footprint in Chennai
CHENNAI: After opening an office space in Olympia Cyberspace in Guindy previously, co-working major WeWork India, one of the largest office space providers, has now decided to expand its footprints in Chennai. Karan Virwani, CEO, WeWork India, told reporters that the co-working space company is planning to open another office in DLF Cybercity in Porur by December next year. Stating that the company plans to spend Rs 300 crore annually by adding two million sq.ft of office space each year in seven cities, he said the co-working space at Chennai spans across over 1,30,000 sq.ft and 2,000 seats across two floors. The launch of the office space in Chennai comes as the city office space recorded 1.8 million sq.ft absorption in January to March, which was driven by flexible space operators, banking and financial services and technology driven absorption.
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