wework Archives - Flex Insights

WeWork India Expands Footprint in Delhi-NCR with 400,000 Sq Ft Leases 0

WeWork India is leasing over 400,000 square feet across three key locations in Delhi and Gurgaon, marking a major expansion in the Delhi-NCR region. The leases include Prestige Trade Tower, Bharti Worldmark 6, and DLF Cyber City, as demand for flexible workspaces continues to surge in the area.

WeWork India Renews Major Lease in Mumbai 0

WeWork India renews its lease for 1.4 lakh sq ft in Mumbai’s Nesco IT Park at ₹2.25 crore monthly. The five-year deal includes escalating rent rates. This move follows recent expansions in Noida and Bengaluru, highlighting the rising demand for flexible workspaces across India’s major cities.

WeWork India Appoints Janak Malkani to Lead Managed Office Business Expansion 0

WeWork India appoints Janak Malkani as Head of Managed Office to drive expansion. With 18 years of real estate experience, Malkani will lead sales in the West region. WeWork India’s Managed Office portfolio, covering over 2 million square feet, is key to meeting the growing demand for flexible workspace solutions.

WeWork India Unveils ₹400 Crore Annual Capex Plan for Major Expansion.0
- Industry News
- June 28, 2024
WeWork India plans a ₹400 crore annual capex to expand by 2 million sq ft annually in major cities. With robust financial growth and strategic funding, it recently launched a 130,000 sq ft workspace in Chennai. Despite WeWork Global’s challenges, WeWork India remains strong, projecting significant future revenue growth.
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CCI Approves Stake Acquisition in WeWork India by Real Trustee Advisory Co 0
- Industry News
- June 27, 2024
The Competition Commission of India approved Real Trustee Advisory Co.’s stake acquisition in WeWork India Management. The deal involves Volrado Venture Partners and Embassy Buildcon. WeWork India’s operations remain strong, with notable financial performance despite global uncertainties. This acquisition supports fair competition and the growth of flexible workspaces in India.
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WeWork India Debuts in Chennai with the Launch of Olympia Cyberspace 0
- Industry News
- June 17, 2024
WeWork India has launched Olympia Cyberspace in Chennai, marking its expansion into Tamil Nadu. This new facility spans 1.30 lakh sq ft and offers over 2,000 desks. Located in Guindy, it aims to meet the rising demand in a city burgeoning with diverse business opportunities.
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