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 location and around 2,327 desks in another, bringing the total new capacity to about 4,156 desks.
WeWork India currently has an operating capacity of 121,638 desks and an occupancy rate of 83.9%, highlighting a consistent demand for flexible workspace solutions.
