India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Asia Pacific real estate investment rose 19.2% year-on-year in Q1 2026, driven by strong office transactions, cross-border capital flows, and growing demand for industrial and data centre assets. India remained a key investment destination as investors increased focus on logistics, infrastructure-led development, and technology-driven commercial real estate opportunities.
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Smartworks Coworking Spaces has leased nearly 4.92 lakh sq ft at Sattva Aura in Bengaluru’s Outer Ring Road corridor from Sattva Group. The expansion comes amid rising demand from GCCs and large enterprises for managed office solutions, reinforcing Bengaluru’s position as India’s leading flexible workspace and technology hub.
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India’s five listed REITs distributed over ₹2,450 crore to more than 3.8 lakh unitholders in Q3 FY26, reflecting strong leasing activity and resilient commercial real estate performance. With assets under management crossing ₹2.5 lakh crore and regulatory support improving, REITs continue to attract institutional and retail investor interest.
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Incuspaze has appointed Amit Ghoshal as Managing Director – Enterprise to strengthen its enterprise business and expand across India’s workspace market. With over two decades of industry experience, Ghoshal will lead enterprise growth as the company targets ₹1,000 crore revenue and a planned IPO by FY28-29.
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Awfis Space Solutions reported a 66% rise in FY26 profit, backed by strong GCC demand and expanding enterprise workspace adoption. The company is restructuring its Design & Build business through a subsidiary, pursuing third-party projects, securing fresh funding, and navigating a CFO transition while strengthening its flex workspace leadership.
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India’s five listed REITs distributed over ₹8,900 crore to unitholders, reflecting growing investor confidence in rent-yielding commercial real estate. Managing more than 187 million sq. ft. of Grade A office and retail assets, the sector continues to expand through stronger portfolios, rising participation and increasing appeal among domestic and global investors.
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