India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

CG Offices has appointed Jai Agnani as Partner and Chief Growth Officer to head its new workplace and portfolio services division. The company is expanding beyond workplace fit-outs into integrated real estate advisory, leasing, sustainability, and portfolio strategy services as GCC growth, hybrid work, and occupier expectations reshape India’s commercial real estate market.
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Mindspace Business Parks REIT has appointed Priya Mathias as Head of Marketing as the company sharpens its focus on workplace branding, digital engagement, and customer experience. With more than 20 years of experience across hospitality, luxury real estate, and logistics, Mathias will lead integrated marketing and stakeholder engagement initiatives for the Grade A office REIT platform.
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Mindspace REIT has raised ₹500 crore through a 10-year non-convertible debenture issuance at a fixed coupon rate of 7.63%. The fully subscribed issue, backed by a leading life insurance company, will help refinance debt, extend borrowing maturities, and improve cash flow predictability amid changing interest rate conditions.
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Awfis has expanded its Chennai portfolio by leasing more than 110,000 sq ft across two new centres at Olympia Crystal and DLF Cyber City. With this addition, the company now operates 28 centres spanning 8.75 lakh sq ft in Chennai, driven by strong enterprise and GCC demand for flexible workspace solutions.
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