Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Awfis Space Solutions will launch its IPO on May 22, aiming to raise Rs 128 crore. Key investors, including Peak XV Partners and ChrysCapital, will divest 12.3 million shares. Despite increased revenue, Awfis reported losses. IPO proceeds will fund expansion, new centres, and working capital.
READ MOREState governments in India and the co-working industry are collaborating to enhance remote work opportunities. Initiatives include developing co-working spaces, improving infrastructure, and offering flexible memberships. This synergy aims to boost local economies, support remote workers, and promote work-life balance, making remote work a sustainable norm.
READ MOREDiscover strategic insights from Colliers’ latest report, “Expert Insights | Asia Pacific Office Markets April 2024,” highlighting six key priorities for achieving significant cost savings in office real estate.
READ MOREDevX has launched its second co-working space in Jaipur, expanding its footprint with a new 35,000 sq. ft. centre. This is part of a broader plan to roll out over 2 million sq. ft. across India, emphasizing its commitment to enhancing the managed office space sector and fostering business growth.
READ MORETable Space is set to expand its footprint in India, leasing over 2.5 MSF across Chennai, Mumbai, Hyderabad, and Bengaluru. This move targets rising demand for flexible workspaces, with strategic leases in prime locations to accommodate the growth of multinational companies and various industries.
READ MOREIncuspaze has leased 3.5 lakh sq ft of office space in Gurugram, enhancing its presence in NCR. This expansion addresses the growing demand for flexible workspaces that cater to startups and enterprises and offer modern, collaborative environments.
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