Industry News

Table Space Strengthens Leadership with Key Appointments to Drive Global Expansion 0
- Industry News
- August 20, 2024
Table Space has bolstered its leadership by appointing John Hogan as Chief Sales Officer, Americas, and Robert Newman as Non-Executive Chairman. These strategic hires are part of Table Space’s global expansion efforts and commitment to GCCs. The company continues to lead India’s managed workspace market, operating over 9.5 million square feet across 60+ centres.
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Green Certifications Propel India’s Office Market Growth 0
- Industry News
- August 20, 2024
India’s office market embraces sustainability, with 65% of Grade A spaces now green-certified. Bengaluru leads the way, driving demand for eco-friendly offices. Tenants are willing to pay a 12-14% premium for these spaces, recognising their benefits for productivity and well-being. Green certifications are shaping the future of real estate in India.
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Awfis Triumphs in Q1 | Registers First Profit with Soaring Revenue 0
- Industry News
- August 20, 2024
Revenue
Awfis Space Solutions Ltd pivots to profit in Q1 FY24, netting Rs 2.78 crore after last year’s loss, with revenue soaring by 39% to Rs 267.8 crore. Expanding across India’s major cities, Awfis now operates 169 centres, offering a versatile mix of workspace solutions, signalling a shift towards flexible office environments.
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APAC Office Market in Flux | Diverging Trends in India & China 0
- Industry News
- August 10, 2024
Prime office rents in the Asia-Pacific region saw a 3.1% decline in Q2 2024, driven by a sharp drop in Chinese cities. Conversely, India experienced a surge in office leasing, with significant growth in Bengaluru and Mumbai. Australia’s market grew, while Southeast Asia and New Zealand had mixed results.
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Incuspaze Leases 4 Lakh Sq Ft in Noida, Expands in North India 0
- Industry News
- August 10, 2024
Incuspaze partners with Bhutani Infra to lease 4 lakh sq ft in Noida’s Alphathum, marking a significant expansion in North India. Facilitated by Colliers, this move reinforces Incuspaze’s commitment to providing top-tier flexible workspaces across the region.
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AI and Robotics Drive Office Space Demand in Bengaluru in Q2 2024 0
- Industry News
- August 9, 2024
AI and robotics firms led office space absorption in Bengaluru in Q2 2024, contributing 21% to the city’s total. The IT-ITeS sector dominated with 69% overall absorption. Nationwide, office space demand surged, driven by strong economic performance. New completions rose significantly, particularly in Mumbai and Bengaluru.
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