Tag: flexible workspace

CommercialLatest Stories

Enzyme Office Spaces Expands with 350K Sq Ft in Bengaluru

Enzyme Office Spaces signs 3.5 lakh sq ft in Bengaluru, expands footprint BENGALURU: Enzyme Office Spaces has signed lease agreements totaling 3.5 lakh sq ft in Bengaluru, further establishing its presence in key micro-markets. Since the start of this year, the company has leased approximately 1.8 lakh sq ft in Whitefield, 1.5 lakh sq ft in HSR Layout, and 16,000 sq ft in Hebbal, which is expected to generate around ₹50 crore in annual revenue. The new facilities are being developed as managed office spaces with a combined capacity of approximately 5,000 seats, raising Enzyme’s total seating capacity in India…

CommercialLatest Stories

WeWork India to add 4,100 desks in Bengaluru with ₹60 crore

NEW DELHI: WeWork India Management has finalized two lease agreements in Bengaluru to enhance its flexible workspace offerings, adding over 4,100 desks across more than 246,000 sq ft of office space, as stated in a regulatory filing. The company has secured leases for 95,351 sq ft and 151,201 sq ft of space in separate transactions, with operations expected to commence by June 2026. WeWork plans to invest around ₹60 crore: ₹28 crore for the first facility and ₹32 crore for the second, funded through a combination of internal resources and debt. This expansion will introduce approximately 1,829 desks in one…

CommercialLatest Stories

CorpEdge teams with Braymont for ₹225 crore GCC growth

Dubai-based CorporatEdge has announced an investment of Rs 225 crore to expand its network into Global Capacity Centres (GCCs). The company specializes in high-quality serviced office solutions. They have entered a joint venture with Braymont Holding, aiming for expansion across the GCC in the next two to three years. Situated in Emaar Square, Downtown Dubai, their first UAE Offitel covers 36,000 sq. ft. and provides 95 fully serviced premium suites. The facility includes private offices, large team suites for up to 100 people, custom-built enterprise solutions, boardrooms, meeting rooms, and various hospitality services, all designed with wellness in mind. The…

CommercialLatest Stories

Flexible Workspace Stock to Exceed 100M Sq Ft by 2027

Representative AI image NEW DELHI: India’s flexible workspace market is poised for significant growth over the next two to three years. Flex office space across the top seven cities is expected to exceed 100 million sq ft by 2027, rising from 72.3 million sq ft in 2025, as reported by Colliers India. As operators continue to expand, the percentage of flex space in the overall office market is projected to increase from 8.5% in 2025 to 10.5% by 2027. This growth will be fueled by rising enterprise demand, with the average annual seat uptake anticipated to grow by 25% to…

CommercialLatest Stories

IBM Leases 61,000 Sq Ft at Incuspaze’s Green Boulevard, Noida

IBM, a major player in US technology, has leased 61,000 sq. ft. of managed workspace with Incuspaze at Green Boulevard in Noida, as reported by sources close to the matter. Previously, IBM had occupied 260,000 sq. ft. at TRIL Tower in Gurgaon, developed by Tata Realty. The demand for Grade A office space has been largely driven by tech companies returning to office settings. However, various other factors are anticipated to sustain this trend. Industry experts highlight that new Global Capability Centers (GCCs), the growth of flexible workspace providers, the increase in unicorn startups, and the ongoing expansion of big…

CommercialLatest Stories

WeWork India Leases 22,700 sq ft to Chargebee in Chennai

NEW DELHI: WeWork India Management, a flexible workspace provider, has leased 22,000 sq ft to Chargebee, a global billing and monetization company, at WeWork Ramanujan Intellion Park in Chennai. Earlier in 2025, Chargebee relocated its office from Ireland to WeWork 5 Harcourt Road in Dublin. In July 2025, WeWork India secured leases for two centers: WeWork EON Free Zone in Pune and WeWork Ramanujan Intellion Park in Chennai. The Chennai location occupies three floors within the Littlewood Tower, offering 150,000 sq ft of space and 2,400 desks, while the Pune center features 60,000 sq ft in Kharadi. WeWork India is…