Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
A Colliers report reveals that over 80% of office occupiers plan to expand through flexible workspaces in the next 3-5 years, with MNCs leading the shift. Flex spaces are increasingly used for core business operations, especially in tech sectors, and are favoured for longer-term leases in prime city locations.
READ MOREExplore the crucial role of health and wellness in enhancing Productivity within flexible workspaces. Dive into ergonomic designs, mental well-being, and environmental wellness, supported by recent trends and statistics. Learn how fostering a healthy environment can attract and retain members, ensuring long-term success for flex workspaces.
READ MOREGlobal corporations are flocking to Chennai, driving high demand for flexible office spaces. From April to June 2024, 0.7 million sq. ft. was leased to flexi-space operators. Companies favour operational over capital expenses, with key micro markets in OMR and Guindy seeing significant activity.
READ MOREThe hyperflex revolution is reshaping office spaces, emphasizing agility, collaboration, and cost efficiency. Co-working hubs enable remote teamwork, adaptability, and access to premium amenities, redefining traditional work environments. Explore how these flexible spaces enhance productivity and innovation.
READ MOREFlex workspaces are redefining urban development by creating jobs, boosting economies, and promoting sustainability. In India, this market is projected to contribute USD 2.2 billion by 2025, driving significant economic and infrastructural growth.
READ MOREIndia’s office market is shifting towards modern, sustainable buildings. From 2021 to Q1 2024, 164.3 million sq ft of new Grade A spaces were added, with 71% being green-certified. Bengaluru and NCR lead in absorption, highlighting the preference for quality, amenities, and sustainability.
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