Flexible workspace operators bullish on growth in 2025, looking to expand; raise equity
1 month, 3 weeks ago

Flexible workspace operators bullish on growth in 2025, looking to expand; raise equity

Hindustan Times  

Flexible office space providers are bullish on demand for managed workspace during 2025 as corporates look for agile and cost-effective solutions to reduce overheads. Bengaluru-based operator Simpliwork Offices CEO and Founder Kunal Walia said the company will keep expanding its portfolio across major cities to meet the rising demand for flexible workspaces. Shesh Rao Paplikar, Founder & CEO of BHIVE Workspaces, said the co-working and managed workspaces industry is likely to continue its growth path in 2025 led by the sustained rise of the startup ecosystem, growing adoption of flexible workspaces for accelerating business growth and greater exposure by multinational corporations. "With hybrid work models becoming the norm and businesses demanding flexible and scalable office solutions, we anticipate continued growth and innovation in the coworking space," Chilukuri said.

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History of this topic

New office supply touches 515 lakh sq ft in 2024 across seven major cities: Vestian
3 weeks, 6 days ago

New office supply touches 515 lakh sq ft in 2024 across seven major cities: Vestian

Hindustan Times  

A surge in demand for grade-A office spaces has led to the completion of 515 lakh sq ft of new office space supply across the top seven cities in 2024, according to a report by Vestian. Among the top seven cities, the maximum fresh supply was seen in Hyderabad followed by Bengaluru," the report added. Interestingly, Kolkata witnessed no new …

Flexible workspace operators bullish on growth this year, looking to expand, raise equity
1 month, 3 weeks ago

Flexible workspace operators bullish on growth this year, looking to expand, raise equity

Live Mint  

New Delhi, Flexible office space providers are bullish on demand for managed workspace during 2025 as corporates look for agile and cost-effective solutions to reduce overheads. Bengaluru-based operator Simpliwork Offices CEO and Founder Kunal Walia said the company will keep expanding its portfolio across major cities to meet the rising demand for flexible workspaces. Shesh Rao Paplikar, Founder & CEO …

Domestic office market surges as India becomes hub for global occupiers
2 months, 2 weeks ago

Domestic office market surges as India becomes hub for global occupiers

Live Mint  

India’s commercial real estate skyrocketed last year primarily on the back of swelling demand from global firms scouring the country for office spaces, according to reports by top property consultants. Across India’s top nine cities, overall office leasing recorded a historical high of 79 msf in 2024, according to a report by CBRE, a real estate services and investment firm. …

Mint Primer: The factors that could push real estate in 2025
2 months, 2 weeks ago

Mint Primer: The factors that could push real estate in 2025

Live Mint  

All eyes are on global capability centres, which emerged as the highest contributor in office space leasing in 2024. Gross leasing of commercial office space touched a historic high of 79 million sq ft last year, as per property advisory CBRE India. Following the marginal dip in home sales and project launches last year, 2025 could mark a transition after …

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024
2 months, 3 weeks ago

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024

Hindustan Times  

Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf in 2023, according to a JLL report on January 3. Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf …

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever
Trending News
3 months ago

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever

Hindustan Times  

Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN 2024, according to a December 24 report by real estate consultant Colliers. Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN …

Year-ender 2024: Office space leasing expected to touch 85 million square feet this year
3 months, 1 week ago

Year-ender 2024: Office space leasing expected to touch 85 million square feet this year

Hindustan Times  

The year 2024 is likely to register 83-85 mn sq ft of gross leasing of office space across eight major cities, which will be an almost 13% increase compared to the peak volume of 2023, a report by Cushman and Wakefield said. Since 2022, India’s office real estate has consistently witnessed more than 70 million square feet of gross leasing …

Gross leasing of office space set to rise 14 pc in 2024 to record 85 mn sq ft: Cushman & Wakefield
Trending News
3 months, 1 week ago

Gross leasing of office space set to rise 14 pc in 2024 to record 85 mn sq ft: Cushman & Wakefield

Live Mint  

New Delhi, Dec 16 Gross leasing of office space across eight major cities is likely to rise 14 per cent to touch a record 85 million square feet this calendar year, according to Cushman & Wakefield. The gross leasing of office space stood at 74.6 million square feet in 2023 across eight cities -- Bengaluru, Hyderabad, Mumbai, Delhi-NCR, Chennai, Pune, …

ANZ renews office space lease in Bengaluru for four years at a rent of ₹6 crore per month
4 months ago

ANZ renews office space lease in Bengaluru for four years at a rent of ₹6 crore per month

Hindustan Times  

ANZ Support Services India Private Limited has renewed its lease for a 6 lakh sq ft office space spread across 18 floors in Embassy Manyata Business Park in Bengaluru for four years at a monthly rent of ₹5.94 crore, documents accessed by Propstack showed. ANZ Support Services India Private Limited has renewed its lease for a 6 lakh sq ft …

GCCs Dominate Indian Coworking Market, with Bengaluru Leading the Charge
4 months, 3 weeks ago

GCCs Dominate Indian Coworking Market, with Bengaluru Leading the Charge

Hindustan Times  

Global capability centres (GCCs) leased nearly 23,000 coworking desks between January - September period in India. The resurgence in flex seat occupancy is linked to slower economic growth in the US, prompting companies to leverage India's cost advantages and talent pool, boosting demand for flexible workspaces.

Mumbai Emerges As The Most Expensive Market, While Bengaluru and Delhi NCR See Slowdown
4 months, 3 weeks ago

Mumbai Emerges As The Most Expensive Market, While Bengaluru and Delhi NCR See Slowdown

ABP News  

Rents for office spaces in major cities have soared past pre-pandemic levels, with Mumbai emerging as the most expensive market. The weighted average quoted office rental in Mumbai touched Rs 151.60 per square foot per month during the July-September quarter, up 6 per cent from 2019. However, industry experts expressed concerns regarding the slump in growth in certain key markets …

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand
6 months ago

Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand

Hindustan Times  

The July-September quarter of 2024 recorded a 31% year-on-year growth in office leasing, pushing the tally to 17.3 million square feet across the top six cities, a report by property consultancy Colliers said on September 26. Office leasing up 31% annually to 17.3 mn sq ft across top six cities in Q3 2024; Bengaluru and Hyderabad drive demand Bengaluru and …

Domestic firms projected to lease 60-65 mn sq ft of office space in 2024-25: Report
6 months, 1 week ago

Domestic firms projected to lease 60-65 mn sq ft of office space in 2024-25: Report

Hindustan Times  

Reflecting a shifting trend in India’s commercial real estate segment, domestic firms are expected to lease 60-65 million square feet of office space in 2024-25, thus challenging the historical dominance of global corporations, particularly from the US, a report by property consultancy CBRE noted. Domestic firms are projected to lease 60-65 million square feet of office in 2024-25 The report …

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024
6 months, 1 week ago

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024

Hindustan Times  

Transactions for office spaces above 100,000 sq ft recorded a substantial YoY growth of 54% in the first half of calendar year 2024 from 10.18 mn sq ft in H1 2023 to 15.69 mn sq ft in H1 2024. Bengaluru’s large office spaces contributed 53% to the city’s total commercial transaction volumes, amounting to 4.5 million sq ft followed by …

315Work Avenue leases additional 56,000 square feet office space in Pune
6 months, 1 week ago

315Work Avenue leases additional 56,000 square feet office space in Pune

Hindustan Times  

Coworking space provider 315Work Avenue has leased an additional 56,000 square feet of office space in International Tech Park Pune to take its overall space take-up in the facility to 1 lakh square feet, the company said in a statement. 315Work Avenue leases additional 56,000 square feet office space in Pune 315Work Avenue now has a total of 12,000 seats …

Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024
6 months, 3 weeks ago

Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024

Hindustan Times  

The flexible workspace footprint across the top eight cities in India has touched 58 million square feet as of H1 2024, a joint report by Cushman & Wakefield and Table Space has said. Led by Bengaluru, flexible office space supply touches 58 mn sq ft by H1 2024 According to the report, the first six months of 2024 added over …

Co-working firm Urban Vault leases 1 lakh square feet office space in Bengaluru
6 months, 3 weeks ago

Co-working firm Urban Vault leases 1 lakh square feet office space in Bengaluru

Hindustan Times  

Managed co-working firm Urban Vault has leased 1 lakh square feet of office space in Bengaluru from real estate company Brigade Group in order to expand its business and meet the rising demand for managed workspaces from domestic and global companies. Co-working firm Urban Vault leases 1 lakh square feet office space in Bengaluru The new facility located in Brigade …

Coworking firm BHIVE Workspace to add 3 million sq ft in the next two years
7 months ago

Coworking firm BHIVE Workspace to add 3 million sq ft in the next two years

Hindustan Times  

Bengaluru-based coworking player BHIVE Workspace is looking to expand its footprint by 3 million square feet over the next two years, the company said in a statement on August 20. Coworking firm BHIVE Workspace to add 3 mn sq ft in next 2 years The flexible workspace provider is currently present across more than 27 locations spanning over 1.8 million …

Bengaluru tops flexible office stock in Asia Pacific region, Delhi-NCR on second spot: Report
7 months, 2 weeks ago

Bengaluru tops flexible office stock in Asia Pacific region, Delhi-NCR on second spot: Report

Hindustan Times  

Bengaluru tops the list of 20 Asia Pacific cities with the highest flexible office stock at 15.5 mn sq ft in the APAC region, including Shanghai, Seoul and Tokyo. Delhi NCR ranks second in the city list with a total stock of 10.7 mn sq ft of flexible office space, a report by CBRE has said. Bengaluru tops flexible office …

Bengaluru leads office space absorption by global capability centers in India at 4.3 mn sq ft: Report
8 months ago

Bengaluru leads office space absorption by global capability centers in India at 4.3 mn sq ft: Report

Hindustan Times  

Bengaluru accounts for the highest office space absorption by global capability centers in India at 4.3 million square feet, according to a Knight Frank India - 3AI report released on July 26. Bengaluru leads office space absorption by global capability centres in India Bengaluru is the top choice for platform engineering and constitutes the highest IT/ITeS GCC led office absorption …

Co-working firm Incuspaze leases 1.15 lakh sq ft office space in Bengaluru
8 months, 1 week ago

Co-working firm Incuspaze leases 1.15 lakh sq ft office space in Bengaluru

Hindustan Times  

Gurugram-based flexible workspace provider Incuspaze has leased 1.15 lakh square feet of office space in East Bengaluru’s Whitefield area, the company said in a statement on July 15. Coworking firm Incuspaze leases 1.15 lakh square feet office space in Bengaluru Additionally, the player plans to expand its footprint in neighbouring Chennai and Hyderabad by 2 million square feet over the …

Bengaluru’s office space stock to become highest in India by 2030
8 months, 2 weeks ago

Bengaluru’s office space stock to become highest in India by 2030

The Hindu  

Bengaluru office stock is set to touch 330-340 million sq. Technology, Engineering & Manufacturing, and BFSI sectors are expected to be primary demand drivers, while life sciences, aviation, and automobile are likely to be emerging drivers, according to the analysis. Technology, engineering & manufacturing and BFSI sectors are expected to be the main demand drivers of office space while life …

Office leasing across top 9 cities touches 32.8 mn sq ft in Jan-June; Bengaluru leads office leasing at 8.5 mn sq ft
8 months, 3 weeks ago

Office leasing across top 9 cities touches 32.8 mn sq ft in Jan-June; Bengaluru leads office leasing at 8.5 mn sq ft

Hindustan Times  

Office leasing touched 32.8 mn sq ft during January to June period, recording an increase of 14% year-on-year across nine cities, a report by CBRE South Asia Pvt. ft. during January to June period, recording an increase of 14% year-on-year across nine cities, a report by CBRE Bengaluru led office space absorption, accounting for about one-fourth of the total leasing …

Still working from home? This 5-star office might just lure you back
8 months, 3 weeks ago

Still working from home? This 5-star office might just lure you back

Live Mint  

Bengaluru: A woman smiles and welcomes visitors entering the shiny lobby of a new office building in Bengaluru’s Embassy Manyata Business Park. As part of its upgrade plan, Nucleus Office Parks, a Blackstone group company, is launching a new, improved multi-cuisine food court format ‘The Colony’ in some of its parks. “A common adage in global real estate was: ‘If …

Flexible space provider Incuspaze leases 5.8 lakh square feet space in Gurugram
8 months, 3 weeks ago

Flexible space provider Incuspaze leases 5.8 lakh square feet space in Gurugram

Hindustan Times  

In response to rising demand from corporate occupiers, flexible workspace provider Incuspaze has leased 5.8 lakh square feet of office space in Gurugram, the company said in a statement on July 1. Coworking firm Incuspaze leases 5.8 lakh square feet space in Gurugram “Incuspaze expansion marks a significant step in our growth strategy, allowing us to better serve our clients …

Leasing by Global Capability Centres in India increases by 17%; touches 22.5 mn sq ft in FY 2023-24
9 months, 3 weeks ago

Leasing by Global Capability Centres in India increases by 17%; touches 22.5 mn sq ft in FY 2023-24

Hindustan Times  

Leasing by Global Capability Centres increased by around 17% Y-o-Y in FY 2023-24 compared to FY 2022-23, touching 22.5 mn sq ft in FY 2023-24 as compared to 19.2 mn sq ft in FY 2022-23. Leasing by Global Capability Centres increased by around 17% Y-o-Y in FY 2023-24 compared to FY 2022-23 touching 22.5 mn sq ft in FY 2023-24 …

Google leases new office in Bengaluru for ₹4 crore monthly rent: Report
9 months, 3 weeks ago

Google leases new office in Bengaluru for ₹4 crore monthly rent: Report

Hindustan Times  

Google leased 649,000 square feet of office space in Alembic City, Whitefield, Bengaluru, it was reported. Ltd. renewed its lease for 600,000 square feet of office space in Hyderabad, it added. Google also agreed to lease 1.3 million square feet of office space from Bagmane Developers in Bengaluru, the report claimed. Since 2020, Google has expanded its office space portfolio …

Table Space takes on lease 13.5 lakh sq ft of managed office space in Bengaluru, Chennai, Mumbai and Hyderabad
10 months, 1 week ago

Table Space takes on lease 13.5 lakh sq ft of managed office space in Bengaluru, Chennai, Mumbai and Hyderabad

Hindustan Times  

Managed office solutions provider, Table Space, has taken on lease more than 13.5 lakh sq ft of managed workspace across Chennai, Mumbai, Hyderabad and Bengaluru on the back of increasing demand from corporates. Table Space has taken on lease more than 13.5 lakh sq ft of managed workspace across Chennai, Mumbai, Hyderabad and Bengaluru on the back of increasing demand …

Flex office operators to ramp up expansion, deepen tier 2 presence this year
10 months, 2 weeks ago

Flex office operators to ramp up expansion, deepen tier 2 presence this year

Live Mint  

Bengaluru: Flexible workspace providers plan to expand their footprint in top cities and enter new tier 2 markets this year, as demand from homegrown and global firms for modern office solutions grows. WeWork India, Awfis, Indiqube, IWG, 315Work Avenue among others, that offer co-working spaces and managed offices, or customized workspaces, are looking at opportunistic ways to expand as more …

Flex workspace market to reach 126 million sqft by 2028: Avendus
1 year ago

Flex workspace market to reach 126 million sqft by 2028: Avendus

Live Mint  

India's flexible workspace market is poised to outpace the traditional commercial office sector, fuelled by the adoption of work-from-anywhere policies and asset-light office expansion strategies. According to a report by investment banking firm Avendus Capital, the sector is projected to reach 126 million sq ft by 2028, up from 61 million sq ft in 2023. We expect at least four …

BHIVE coworking leases commercial space from Adani Realty for ₹1.39 crore a month
1 year ago

BHIVE coworking leases commercial space from Adani Realty for ₹1.39 crore a month

Hindustan Times  

Tusker Workspace Pvt Ltd that operates BHIVE coworking workspaces, has leased seven commercial units spread across an area of more than 62,000 sq ft in a office complex by Adani Realty in Bandra Kurla Complex in Mumbai at a license fee of ₹1.39 crore per month for a period of five years, documents accessed by Propstack showed. BHIVE coworking workspaces, …

Mapping India’s office spaces
1 year ago

Mapping India’s office spaces

The Hindu  

While most investors look at factors like vacancy in the market, the historical rent growth and rentals of comparable assets, I have seen that even the most seasoned of investors miss out on taking a look at the upcoming supply in the market — which is the only verifiable forward-looking metric in real estate analysis. Business-as-usual in Bengaluru As India’s …

Office space demand up 15% in top 8 cities; Bengaluru sees 14% fall in leasing: Report
1 year, 2 months ago

Office space demand up 15% in top 8 cities; Bengaluru sees 14% fall in leasing: Report

Hindustan Times  

Leasing of office space rose by 15 per cent across eight major cities last year, despite a decline in demand in Bengaluru, the largest workspace market, according to Knight Frank. Data showed that office demand grew 15 per cent annually to 59.6 million square feet in 2023, despite global economic and geopolitical concerns. The data showed that office demand grew …

Flexible Office Space Market In India Set To Cross Rs 14,000 Crore In FY24
1 year, 3 months ago

Flexible Office Space Market In India Set To Cross Rs 14,000 Crore In FY24

ABP News  

India’s flexible office space is likely to see its market size increase 60 per cent to cross Rs 14,000 crore in the current fiscal year, due to a boost in rent charged by operators per desk and portfolio expansion, a report by Upflex India revealed. The ‘Co-Working and Managed Offices Redefining the Indian Commerical Real Estate’ report by Upflex India, …

WeWork India leases office space in Bengaluru, Hyderabad for co-working centres
1 year, 4 months ago

WeWork India leases office space in Bengaluru, Hyderabad for co-working centres

Hindustan Times  

Co-working major WeWork India on Thursday said it has taken on lease 2.72 lakh sq ft of office space in Bengaluru and Hyderabad to open two new facilities comprising about 4,000 desks. WeWork India has signed lease agreements for two new buildings -- Manyata Redwood in Bengaluru, and RMZ Spire in Hyderabad -- to open two new centres in the …

In charts: Factors impacting office space demand
1 year, 8 months ago

In charts: Factors impacting office space demand

Live Mint  

The demand for office space in India is buffeted by two different forces: return-to-office mandates and concerns around hiring due to global economic uncertainties. While economic uncertainty has lowered the demand for office space, one form that is becoming popular across cities is the flexible office space. Demand drop In 2022, the demand for office space jumped by almost 53% …

Bengaluru no. 1 city across APAC in flexible office space stock; Delhi-NCR 3rd: CBRE
1 year, 8 months ago

Bengaluru no. 1 city across APAC in flexible office space stock; Delhi-NCR 3rd: CBRE

Hindustan Times  

Delhi-NCR has emerged as the third biggest city in the Asia Pacific in having flexible office space stock beating Beijing and Seoul, while Bengaluru has retained the top spot, according to real estate consultant CBRE. In its report, 'H1 2023 Asia Pacific Flexible Office Market', CBRE mentioned that Delhi-NCR emerged as 3rd largest city among the 20 Asia-Pacific region cities …

Half of large firms plan to cut office space over next three years: Survey
1 year, 9 months ago

Half of large firms plan to cut office space over next three years: Survey

Hindustan Times  

Many of the biggest corporate employers plan to reduce the amount of office space they occupy over the next three years, underlining the changes set to reshape the commercial real estate market. The rise of hybrid working since the pandemic has heightened concerns about the amount of office space in cities around the world that may be obsolete. “Now that …

Real Estate: Office Space Absorption Rises 16% QoQ to 14 million Sqft in January-March 2023, Says Report
1 year, 10 months ago

Real Estate: Office Space Absorption Rises 16% QoQ to 14 million Sqft in January-March 2023, Says Report

News 18  

Office space absorption in India’s six major cities rose 16 per cent QoQ to 14 million sqft in the first quarter of 2023. However, the YoY gross absorption comparison indicates an 11 per cent decline owing to global economic pressures, according to the latest report by international real estate advisory firm Savills India. Additionally, the office space witnessed a 23 …

Bengaluru tops in Asia Pacific region in flexible office space stock; Hyderabad 7th
2 years, 3 months ago

Bengaluru tops in Asia Pacific region in flexible office space stock; Hyderabad 7th

Deccan Chronicle  

New Delhi: Bengaluru has the highest supply of premium flexible office space in Asia Pacific region at 10.6 million square feet, according to CBRE. As of September 2022, Bengaluru recorded 10.6 million square feet flexible stock, the highest among all major APAC cities, including Shanghai, Beijing, Seoul, Tokyo and Singapore. Out of the total premium flexible office space in Hyderabad, …

Bengaluru may see highest growth in office rent in Asia-Pacific region next year
2 years, 3 months ago

Bengaluru may see highest growth in office rent in Asia-Pacific region next year

Deccan Chronicle  

New Delhi: Office rentals in Bengaluru is expected to grow by 5-7 per cent -- highest in the Asia-Pacific region -- during the next year, according to Knight Frank India. Bengaluru's prime office rental is expected to grow in the range of 5-7 per cent YoY in 2023, highest amongst the 24 APAC cities tracked in the report. New Delhi's …

The growing popularity of flexible office spaces
2 years, 4 months ago

The growing popularity of flexible office spaces

Hindustan Times  

High-rise office buildings, swank interiors, play-cum-collaboration spaces, and a pleasant work environment create an exciting work culture. Today, employees of all business sizes can work out of premium managed office spaces with amenities ranging from tech services to stocked kitchens in a campus-like environment while being in central business districts of big cities at a fraction of the cost. The …

Real Estate: 2022 Likely To Be Best Year for India's Office Market, Says Colliers Report
2 years, 5 months ago

Real Estate: 2022 Likely To Be Best Year for India's Office Market, Says Colliers Report

News 18  

The year 2022 is likely to emerge as the best year in terms of office space leasing, with absorption likely to cross 50 million sq ft across the top-6 cities — Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune. While hybrid working continues to be the mainstay, occupiers are not shying away from leasing new large spaces,” Colliers India said in …

‘Bengaluru leads office leasing market with a 30% share in Q2’
2 years, 8 months ago

‘Bengaluru leads office leasing market with a 30% share in Q2’

The Hindu  

Bengaluru led the office leasing market in the country in the second quarter of calendar year 2022 by solely forking out a 30% market share followed by Mumbai and Delhi-NCR claiming 19% and 18% slice respectively, said Colliers, a global realty advisory and management firm, on Monday. All the major markets, with Bengaluru dominating, witnessed strong leasing activity during the …

India’s co-working spaces are pivoting towards larger corporate houses, and smaller towns
2 years, 11 months ago

India’s co-working spaces are pivoting towards larger corporate houses, and smaller towns

The Hindu  

“Workplaces are becoming location agnostic,” says Santosh Martin, Chief revenue officer of WeWork India, a chain of coworking spaces that has 800 locations across the world, including 36 in India. “Many employees returning to small towns still want an office space to work remotely,” says Vigneshwaran Pitchai, co-founder of Quartr Design, adding that he moved from Chennai to Coimbatore during …

'The Address' eyeing giant expansion in 2022
3 years, 2 months ago

'The Address' eyeing giant expansion in 2022

Hindustan Times  

The co-working and managed office spaces sector is emerging as the fastest-growing asset class within the conventional office space sector across the metro and megacities in India. 'The Address' Tapping the immense potential of the co-working space sector, 'The Address' has recently taken a giant leap that further strengthens its position in this rapidly growing business in India. 'The Address', …

The pivots of flex spaces: will it be the future of office space?
3 years, 3 months ago

The pivots of flex spaces: will it be the future of office space?

Hindustan Times  

LinkedIn Learning’s 5th Annual Workplace Learning Report - ‘2021/Skill Building in the New World of Work’ shows that nearly half of India’s workforce is keen to return to their workspaces. RMZ One Paramount How to run a hybrid workplace pilot A hybrid work model would require new technologies, so starting small can help companies see what works and what doesn’t, …

‘Non-metros will offer flexible office space’
3 years, 4 months ago

‘Non-metros will offer flexible office space’

The Hindu  

As a good number of companies are crafting their own hybrid work model, the demand for flexible workspace is set to cross 60 million sq.ft. The demand for flexible workspace will be driven by companies in the consulting, IT-BPM and e-Commerce space that are establishing multiple satellite offices in suburban locations; as also businesses that are reassessing the use of …

Corporates' demand for flexible workspace up 73% in Jan-Jun period
3 years, 8 months ago

Corporates' demand for flexible workspace up 73% in Jan-Jun period

Business Standard  

Leasing of flexible workspace by corporates rose 73 per cent to 31,538 seats during January-June period on a year-on-year basis, with enterprises looking to save cost besides flexibility that co-working operators offer, according to a report. Top officials of coworking and managed office space operators Simpliwork Offices, Smartworks, The Executive Centre and The Office Pass observed that demand for flexible …

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