Industry News

India’s Flexible Office Space Sector Attracts $820M in PE Funding Since 2017 0
- Industry News
- October 17, 2024
Knight Frank said India’s flexible office space sector has attracted $820 million in private equity funding since 2017. The sector grew strongly despite pandemic-related fluctuations, with a 22% CAGR and 52.9 million sq ft leased. Demand for flexible workspaces is driven by corporate focus on employee well-being and innovation.
READ MORE
Table Space Targets $2.5B Valuation in Anticipated IPO 0
- Industry News
- October 17, 2024
Table Space, a leading Indian managed workspace provider, is targeting a $2.5 billion valuation for its 2025 IPO. With over 60 centres and major clients like Google and Apple, the company plans to nearly double its 9.5 million sq ft footprint within three years, despite global coworking market challenges.
READ MORE
Tidel Park Trichy to Triple IT Office Space with New Expansion Project 0
- Industry News
- October 10, 2024
Tidel Park Trichy is set to triple its IT office space with a ₹315.2 crore project, adding 5.5 lakh sq ft in phase one. This expansion, alongside private developers’ contributions, will position Trichy as an emerging IT hub, offering low operational costs and access to a growing talent pool.
READ MORE

India’s Grade A Office Leasing Soars 23% in 2024, Led by Bengaluru and Hyderabad 0
- Industry News
- October 10, 2024
India’s Grade A office leasing surged 23% in the first three quarters of 2024, totalling 46.7 million sq ft. Bengaluru and Hyderabad led the market, with significant technological and BFSI sectors demand. Large deals dominated leasing, while flex space operators accounted for 20% of overall demand.
READ MORE
Bengaluru Leads India’s Office Leasing Surge with 56% YoY Growth 0
- Industry News
- October 8, 2024
Bengaluru led India’s office leasing surge in 2024, with a 56% YoY growth, absorbing 16.4 million sq ft from January-September. Across nine key cities, total office leasing hit 53.8 million sq ft, driven by tech, e-commerce, and flexible space operators. Office leasing is projected to reach 70 million sq ft by year-end.
READ MORE
Dev Accelerator’s Ambitious Expansion in Coworking Spaces Backed by IPO 0
- Industry News
- October 8, 2024
Dev Accelerator Limited is set to expand its coworking spaces through a new IPO, offering 2.47 crore equity shares. The funds will be used to set up new spaces, repay debts, and general corporate purposes. After turning profitable in FY24, the company aims to solidify its position in the flexible workspace market.
READ MORE