Articles & Trends on Industry News - Page 55 of 79

Table Space Expands in Bengaluru with ₹500 Crore Office Space Acquisition 0

TableSpace has acquired 5 lakh square feet of office space in Bengaluru’s Whitefield for ₹500 crore, marking its second major property purchase. This expansion strengthens the company’s leadership in enterprise-managed workspace solutions. Post-pandemic demand for flexible office spaces drives the company’s rapid growth in key markets like Bengaluru.

Awfis Expands Footprint with New Coworking Centre in Ahmedabad’s GIFT City 0

Awfis has opened a new 30,221 sq ft coworking centre in GIFT City, Gandhinagar, expanding its total offering in Ahmedabad to 83,500 sq ft. With plans to add 40,000 new seats nationwide by year-end, Awfis is positioning itself as a key player in India’s growing flexible workspace market.

GCCs to Drive Major Growth in India’s Grade A Office Space Demand 0

Global Capability Centres (GCCs) will drive nearly 40% of India’s Grade A office space demand over the next three years. Sectors like engineering, manufacturing, and BFSI will see a 35% growth in leasing. Flex spaces will expand into new regions, with demand surging in major cities and emerging markets.

India’s Office Market Embraces Flex Spaces for the Future 0
- Industry News
- September 23, 2024
A new report reveals that over 80% of Indian office occupiers plan to adopt flexible office spaces. Key drivers include cost efficiency, hybrid work models, and enterprise-grade amenities. Flex spaces are increasingly used for core operations, with longer lease commitments expected. Prime locations remain a priority for businesses.
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Coworking Boom Spurs IPO Rush Amid Investor Enthusiasm 0
- Industry News
- September 23, 2024
Several coworking companies, including WeWork India, SimplWork Offices, and TableSpace Technologies, are preparing IPOs following Awfis’ successful listing. Investor interest is driven by the coworking sector’s strong growth, asset-light model, and profitability. Private equity investments and acquisitions are accelerating the industry’s transformation into managed office spaces for large corporations.
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BHIVE Workspace Expands in Bengaluru with ₹8.5 Crore Annual Lease 0
- Industry News
- September 14, 2024
BHIVE Workspace, a prominent managed office space provider based in Bengaluru, has secured a lease for 77,000 square feet from Address Maker on CMH Road in Indiranagar. The annual rent for this prime location is ₹8.5 crore, according to a company statement issued on September 9. The new property will accommodate over 1,500 seats and
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