Blog - Page 2 of 33 - Flex Insights

India’s Office Leasing Hits Record High, Surging to 85 Million Sq Ft in 2024 0
- Industry News
- December 21, 2024
India’s office leasing sector is set to reach a record 85 million sq ft in 2024, driven by IT-BPM, BFSI, and GCCs. Fresh leasing dominates while demand for Grade A spaces in prime locations grows. Rising rents and sustainability trends shape a dynamic commercial real estate market.
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Awfis Space Solutions Set for 44% Growth, ICICI Securities Raises Target Price 0
- Industry News
- December 21, 2024
ICICI Securities raises Awfis Space Solutions’ target price to ₹1,049, indicating 44% growth potential. Backed by a unique asset-light model, 31% revenue CAGR, and 53% EBITDA CAGR (FY24–27), Awfis is expanding rapidly despite market competition and potential office leasing slowdowns.
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Welspun to Develop India’s Tallest Urban Distribution Center in Thane 0
- Industry News
- December 20, 2024
Welspun partners with WTCA to develop India’s tallest mixed-use urban distribution centre in Thane. Spanning 1 million sq ft across 14 levels, this ₹800 crore project integrates retail, office spaces, F&B, and logistics, setting new benchmarks for urban commercial real estate and sustainable infrastructure.
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Incuspaze Secures 1,00,000 SqFt at Gurugram’s HQ27 to Expand Flexible Workspace Offerings 0
- Industry News
- December 20, 2024
Incuspaze has leased 100,000 square feet at HQ27 in Gurugram, providing over 1,500 premium workspaces in a Grade A facility. The office is equipped with modern amenities, offers strategic connectivity, and features a design focused on sustainability. This expansion enhances Incuspaze’s presence across India, responding to the growing demand for flexible office spaces.
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WeWork India Expands with New Leases in Gurugram and Chennai 0
- Industry News
- December 20, 2024
WeWork India expands with new leases in DLF Cybercity, Gurugram, and Chennai, adding 3.43 lakh sq ft and over 3,300 desks. Scheduled to open in 2025, the move highlights rising demand for flexible workspaces. With FY24 revenue up 26.7% to ₹1,665 crore, WeWork leads India’s coworking market.
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The Hottest APAC Cities for Flexible Office Space in 2024 – The Instant Group 0
- Reports
- December 20, 2024
What are the “hottest” markets for flex in APAC? The Instant Group analysed the top 10 markets for flexible office spaces in 2024, examining year-over-year fluctuations in demand, with data revealing notable demand spikes in Bangalore, Makati, and Hong Kong.
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