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Flexible Workspace Supply Reaches 58 Million Sq Ft in H1 2024 0
- Industry News
- September 6, 2024
India’s flexible workspace supply hit 58 million sq ft by mid-2024, with Bengaluru leading at 31%. The sector has increased, driven by the IT industry and managed office solutions. Flex spaces now account for 11-13% of office demand nationwide, expanding to Tier II and III cities.
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Flexible Workspace Market Set to Soar | 126 MSF by 2028 in India 0
- Industry News
- June 6, 2024
India’s flexible workspace market is set to double to 126 million sq ft by 2028, driven by remote work trends and significant investor interest. Major operators like WeWork India and Awfis lead this growth, attracting diverse investments and planning IPOs.
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Flexible Office Spaces Surge as Work-from-Home Trend Declines 0
- Industry News
- June 5, 2024
Flexible office spaces are gaining popularity as the work-from-home trend declines. Offering convenience for employees and cost-effectiveness for companies, these spaces attract large enterprises, startups, and diverse industries, reshaping the modern workplace landscape.
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Flexible Office Space Operators Attract $820 Million in Private Equity Funding Since 2017 0
- Industry News
- September 30, 2024
India’s flexible office space sector has attracted $820 million in private equity funding since 2017, driven by corporate demand for innovative workspaces. Despite fluctuations, the sector has leased 52.9 million sq ft with a 22% growth rate. The future looks promising, with flexible operators embracing technology and ESG principles.
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Flexible Office Leasing Hits Record High in April-June Quarter 0
- Industry News
- July 10, 2024
India’s flexible office spaces hit a record 2.6 million sq ft leased in Q2 2024, reflecting strong demand despite WeWork’s exit. Mumbai led with a 119% increase. Overall, office leasing rose 19% in H1 2024, with Colliers forecasting continued growth in the sector driven by economic resilience and quality demand.
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Flex Spaces Surge in India, Recording Highest Ever Share in Office Leasing 0
- Industry News
- September 6, 2024
Flexible office spaces in India have reached a record 12.7% share of total office leasing in the first half of 2024. Major sectors like IT, engineering, and BFSI are driving demand. With key operators expanding, flex spaces are poised for continued growth as companies seek cost-effective and adaptable workspace solutions.
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