Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
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CapitaLand Secures SGD 1 Billion for India Growth Fund with Daibiru’s Support0
- Industry News
- November 25, 2024
CapitaLand Investment (CLI) secures over SGD 1 billion for its India Growth Fund 2 (CIGF2) with Daibiru Corporation’s SGD 131 million investment. Focused on premium business parks, CIGF2 targets India’s gateway cities. Backed by Mitsubishi Estate, CLI’s asset-light model attracts global tenants and underscores international confidence in India’s commercial real estate market.
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Amazon India’s Headquarters Relocation to Cut Costs Significantly0
- Industry News
- November 25, 2024
Amazon India is relocating its Bengaluru headquarters to reduce costs, saving nearly ₹8 crore annually on rent. The move affects 5,000 employees and raises challenges for landlord Brigade Enterprises. Meanwhile, Amazon’s logistics and payments units show steady growth, and its wholesale division reduces losses amid stricter FDI regulations in India.
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Delhi NCR Ranks as India’s Most Expensive Office Market, 6th in Asia-Pacific0
- Industry News
- November 25, 2024
Delhi NCR ranks India’s most expensive office market and 6th in Asia-Pacific, with rents at ₹340/sqft/month. Mumbai follows at 8th with ₹317/sqft, while Bengaluru ranks 18th as a cost-effective option. Knight Frank highlights stable rents, strong global demand, and record transaction volumes driving India’s thriving office market.
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EFC (I) Ltd Launches India’s First Managed Office Space SM REIT0
- Industry News
- November 25, 2024
EFC (I) Ltd launches EMBERSTONE SM REIT, India’s first managed office space-focused Small & Medium Real Estate Investment Trust, with SEBI approval to raise ₹500 crore. This milestone boosts EFC’s portfolio, enhances Assets Under Management, and underscores its innovative approach. Strong Q2 FY25 financial growth reflects robust market demand.
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India Accelerator Expands to Pune with New Coworking Space0
- Industry News
- November 25, 2024
India Accelerator launches a 23,000 sq. ft. coworking space in Pune, catering to startups, freelancers, and businesses. Equipped with modern amenities, the 500-seat facility fosters collaboration and innovation through community events. Backed by mentorship and funding, IA supports Pune’s thriving startup ecosystem, which is ranked South Asia’s 5th largest innovation hub.
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WeWork India Strengthens Leadership with Strategic Board Appointments0
- Industry News
- November 22, 2024
WeWork India revamps its board, appointing industry experts to drive growth and sustainability. Key additions include Mahua Acharya and Anupa Rajiv Sahney as Independent Directors, alongside leadership changes with Karan Virwani as MD & CEO. The strengthened board aims to enhance governance, innovation, and WeWork India’s presence in flexible workspaces.
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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Vatika towers, Golf course road, Gurgaon
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The BFSI Sector's Strategic Embrace of Flexible Office Spaces
- Leadership
- September 12, 2024