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NEW DELHI: The Executive Centre (TEC) has secured a lease for approximately 19,000 sq ft of office space at its location in Panchshil Business Park, Balewadi, Pune, for Forescout Technologies.
This space is designed to accommodate around 200 workstations. Forescout has been a client of TEC since 2022, initially starting in a 50-seat workspace.
The newly expanded office features a dedicated reception area, multiple meeting rooms, private cabins, a training room, open workstations, collaborative zones, and a town hall area.
In a separate development, WeWork India Management has signed an addendum to its lease for an expansion at its Krishe Emerald center in Hyderabad.
This expansion will add an additional 31,259 sq ft, building upon a lease initially established on July 2, 2020.
The new addition will increase WeWork India’s capacity by approximately 536 desks, which is expected to be operational by July 2026.
Currently, WeWork India operates with a capacity of 126,860 desks, achieving an 86.90% utilization rate.
The estimated investment for this expansion is ₹9.80 crore, which will be financed through internal funds and debt.
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