Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 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.
READ MORESmartworks Coworking Spaces is launching a ₹5.5 billion IPO, including an offer to sell 6.7 million equity shares. Legal counsel from Khaitan & Co and Economic Laws Practice (ELP) oversees the process, marking a significant milestone for Smartworks as it expands in India’s growing coworking industry.
READ MOREAwfis 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.
READ MOREUncover the top 12 design-conscious coworking spaces in India for 2024. These workspaces combine modern design with functionality to create an inspiring professional environment.
READ MOREDevX has expanded its Noida presence by launching two new coworking spaces in Sectors 125 and 62, adding 37,000 square feet to its existing 60,000 square feet. This move supports their strategy to offer flexible, upscale office spaces catering to Global Capability Centers and large enterprises, enhancing work environments and scalability.
READ MOREExplore Dehradun’s journey from a serene hill town to a bustling tech hub, with Iksana Workspaces leading the charge. This article highlights the role of modern coworking spaces, government initiatives, and academic partnerships in fostering a thriving business environment, promoting innovation, and ensuring sustainable growth.
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