Tag: Incuspaze

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

Incuspaze Leases 300,000 Sq Ft Office Space in Jaipur

NEW DELHI: Incuspaze, a provider of flexible office spaces, has acquired 300,000 sq ft across three properties: The Edge on Tonk Road, Sitapura Campus in Sitapur, and GT Landmark in Malviya Nagar, Jaipur. Sanjay Chatrath, co-founder and managing partner of Incuspaze, stated, “With India experiencing a rise in Global Capability Centre (GCC) activities beyond major metros, cities like Jaipur are crucial for the next phase of enterprise decentralization and digital transformation.” As part of its 2024 growth plan, the company has entered major metros such as Bengaluru, Chennai, Mumbai, and Pune, while expanding in Delhi NCR and Lucknow, aiming to…

CommercialLatest Stories

Incuspaze Acquires Pune’s Trios to Boost Co-Working Space

Incuspaze, a provider of managed office spaces, has acquired the Pune-based co-working firm Trios in a cash-and-stock transaction to enhance its business footprint. The specifics of the deal have not been disclosed. Founded in 2016, Incuspaze currently operates in over 50 locations across 18 cities, with a total portfolio covering 4 million square feet. Trios, established in 2017, runs 12 co-working centers in Pune and Gurugram. In a statement released on Monday, Incuspaze indicated that the acquisition of Trios is a strategic move to meet the increasing demand for flexible workspaces in Pune. “This complete acquisition, executed through a cash-and-stock…