Embassy REIT Leases 2.07 Lakh Sq Ft to Cybersecurity Firm Rubrik at Embassy TechVillage
- Industry News
- January 15, 2025
Awfis Space Solutions’ IPO was subscribed 11.40 times, reflecting strong investor interest. The Rs 599-crore share sale attracted bids for nearly ten crore shares, with retail investors’ portion subscribed 21.08 times. Proceeds will fund new centres and working capital.
READ MOREIndia’s commercial real estate sector is not just booming; it’s on a trajectory for exponential growth. By 2029, its market value is projected to triple, soaring to an impressive $106.05 billion from the current $40.71 billion. The nation’s robust economic expansion, key governmental initiatives like Make in India, and realty sector reforms such as RERA
READ MOREAwfis Space Solutions announced an IPO price band of Rs 364-383 per share, aiming to raise to Rs 599 crore. The first Indian coworking provider to go public, Awfis plans to use the funds to expand into tier-1 and tier-2 cities. The company reported Rs 616 crore revenue for nine months ending December 2023.
READ MORESouth India, led by Bengaluru, Hyderabad, and Chennai, drives India’s office property market recovery. These cities account for nearly 60% of space demand by 2025, fueled by the tech sector and global capability centres. The office market is booming, with significant growth and large leasing deals expected throughout 2024.
READ MOREAwfis Space Solutions, India’s largest flexible workspace provider, revolutionises the office landscape with innovative solutions and a vast network across 16 cities. Explore how Awfis leads in adaptability, growth, and market dominance, offering unparalleled flexibility for businesses of all sizes.
READ MOREAs we progress through 2024, the flexible workspace sector is poised for substantial growth. Key trends include strategic expansion, occupier-centric models, dynamic pricing, and global interest. Industry expert Paras Arora’s insights reveal how these changes will redefine the workspace landscape.
READ MORESmartworks has leased a 6 lakh sq ft tower in Pune’s Balewadi, expanding its managed office portfolio to over 3 million sq ft in the city. The new coworking hub will open in October and offer over 8,000 desks, catering to the rising demand for flexible office spaces post-pandemic.
READ MOREThe second part of “Content Marketing Strategies for Coworking Spaces in 2024” this article dives deeper into practical strategies. Learn how to create educational content, leverage user-generated content, implement advanced SEO techniques, and use engaging visual content. These tactics will help you attract and retain members while enhancing your coworking space’s visibility and reputation.
READ MOREIndia’s Grade A office space demand is set to exceed 70 million square feet in 2024, driven by major cities like Bengaluru, MMR, and Delhi-NCR. Rising rentals and large leases, especially in the IT/ITeS and BFSI sectors, highlight robust growth, signalling significant opportunities for developers and investors.
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