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Awfis Expands in Pune, Leases 3 Lakh Sq Ft from Nyati Group0
- Industry News
- September 6, 2024
Awfis has leased 3 lakh square feet of office space from Nyati Group in Pune, expanding its flexible workspace footprint to half a million square feet. The partnership will introduce premium workspaces at Nyati Empress and Nyati Enthral, meeting the growing demand for adaptable office solutions in Pune’s thriving business ecosystem.
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Awfis Space Expands in Bengaluru, Boosting Market Presence and Financial Performance0
- Industry News
- September 2, 2024
Awfis Space Solutions has launched two new coworking centres in Bengaluru, adding 66,846 sq. ft. to its portfolio. With plans to expand further, Awfis now operates 1,12,038 seats across 185 centres in India. The company reported a net profit of Rs 1.37 crore in Q4 FY24, reflecting strong growth.
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Awfis Triumphs in Q1 | Registers First Profit with Soaring Revenue0
- Industry News
- August 20, 2024
Revenue
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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.
Awfis Plans 50% Expansion in FY25, Targets 135,000 Seats0
- Industry News
- July 10, 2024
Awfis Space Solutions aims to expand its portfolio by 50% to 135,000 seats by FY25, focusing on managed office spaces. Deputy CEO Sumit Lakhani highlights a 30% revenue growth target driven by new centre openings and higher occupancy rates. Recent additions include 15,084 new seats in 22 centres.
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Awfis Space Solutions Stellar Stock Market Debut Reflects Growing Demand for Flexible Office Spaces0
- Industry News
- June 4, 2024
Awfis Space Solutions has debuted on the stock market, with shares closing over 9% higher. This highlights the increasing demand for flexible office spaces. The success reflects investor confidence in Awfis’ innovative business model and its strategic presence in India’s key business hubs.
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Awfis Space Solutions Debuts on the Stock Market with Impressive Premium0
- Industry News
- June 3, 2024
Awfis Space Solutions’ shares debuted with a 13% stock market premium following a successful IPO. The proceeds will fund new centres, working capital, and corporate purposes, showcasing investor confidence in the coworking space provider.
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Latest Posts
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Awfis Expands in Pune, Leases 3 Lakh Sq Ft from Nyati Group
- Industry News
- September 6, 2024
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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