Page 2 - Coworking Space

Smartworks takes 600,000 sq ft offices on lease in Mumbai, Pune, Hyderabad

Firm currently has 31 co-working centres, with 60,000 seats and 4 min sq ft across nine cities.

As work from home takes precedence, shared workspaces get in battle mode

What do you do when your business model is based on professionals sharing workspaces at a time when coronavirus crisis is snowballing?

Coworking centre operators likely to double or treble in 2 years: Anarock

In the coworking space, top seven operators - Cowrks, WeWork India, Awfis, Regus, Smartworks, 91springboard and OYO Workspaces - have more than 350 centres across cities in the country

Flexible workplace demand to increase 5-fold by 2025, says report

Demand for flexible workspace in India is estimated to jump five times by 2025 to 130-140 million sq ft, accounting for one-third of global coworking inventory, according to a report by property consultant Cushman & Wakefield (C&W). The global real estate consultant released its report 'Redefining future workplaces at Workplace Trend Conclave held here on Friday. "The phenomenon of coworking has been the proverbial storm in the teacup for commercial real estate in India," the report said. India is one of the largest flexible workplace markets in the world, the NYSE-listed consultant said. "The rise of millennials has led to the existence of a strong start-up and entrepreneurial culture. They need a workplace that inspires innovation and ideas, offers flexibility in terms of timings and location, while being integrated with technology for communication and collaboration," said Anshul Jain, Country Head & Managing Director-India, C&W. The consultant has estimated the ..

Smartworks Coworking raises $25 mn from Singapore realty firm Keppel Land

Smartworks, which has 23 operational centres in 9 cities and offers 43,000 workstations over 2.3 mn sq ft, plans to grow to 20 mn sq ft and seat 200,000 professionals over the next five years

Office sharing venture My Place to invest Rs 25 crore in North India

The office space leasing start-up plans to set up 12 co-working centres in the next 12 months

Flexible workplace operators lease 52% more office space in Jan-June: CBRE

The total stock of flexible workspace has reached 23 million sq ft

Demand for co-working space is set to see three-fold rise by 2020

From an annual average of 3 million sq ft available currently, co-working space is set to scale up to 11 million sq ft by 2021, says Sudeep Singh, chief evangelist and CEO at GoWork