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IndiQube Spaces Narrows Q1 FY27 Loss by 35% as Income Climbs 38.5% to ₹448.81 Crore 0
- Industry News
- August 17, 2026
IndiQube Spaces reported a 38.5% year-on-year rise in total income to ₹448.81 crore in Q1 FY27, while its net loss narrowed 35% to ₹23.88 crore. The company benefited from a smaller income-expense gap. Its growing 137-centre network now covers 17 cities and 10.61 million sq. ft.
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IndiQube Spaces Reports Record ₹428 Crore Q1 Revenue as Occupancy and Value-Added Services Rise 0
- Industry News
- August 17, 2026
IndiQube Spaces posted its highest-ever quarterly revenue of ₹428 crore in Q1FY27. PAT surged 91% to ₹35 crore, while EBITDA rose 34% to ₹87 crore. The managed workspace provider also expanded its portfolio to 10.61 million sq ft and 236,000 seats, supported by stronger occupancy and VAS growth.
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Smartworks Expands Pune Footprint With 176,285 Sq. Ft. of New Workspace Capacity 0
- Industry News
- August 17, 2026
Smartworks is adding around 176,285 sq. ft. of workspace capacity in Pune with an investment of up to ₹28 crore. The expansion is expected to be completed in August 2026. With strong existing utilisation and committed occupancy, the move highlights the operator’s continued focus on scaling its managed workspace presence.
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Embassy REIT Targets 10–12 Million Sq Ft Expansion as India’s Office Demand Stays Strong 0
- Industry News
- August 11, 2026
Embassy Office Parks REIT plans to expand its portfolio by 10–12 million sq ft over the next three to four years as demand for premium office space remains strong. The REIT is developing 6.2 million sq ft while pursuing acquisitions, with GCCs driving leasing and managed flexible workspaces gaining momentum.
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DBS Bank India Extends ₹520 Crore Finance for K Raheja Corp’s 1.1 Mn Sq Ft Pune Office Project 0
- Industry News
- August 11, 2026
DBS Bank India has extended a ₹520 crore construction finance facility to a K Raheja Corp SPV for a 1.1 million sq ft LEED Platinum pre-certified office development in Balewadi, Pune. The project targets rising demand from GCCs and enterprises for Grade A, sustainable workplaces.
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Brookfield REIT, Prime Offices Fund Make ₹1,700 Crore BKC Office Bet 0
- Industry News
- August 11, 2026
Brookfield India Real Estate Trust and Prime Offices Fund will jointly acquire 264,000 sq ft of Grade A office space in Mumbai’s BKC. The leased asset has blue-chip tenants across financial services, real estate and technology. The transaction strengthens Brookfield REIT’s Mumbai presence and highlights continued investor confidence in BKC.
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