COWRKS leases 290,000 sq ft in Chennai across six centres

New Delhi: COWRKS, flexible and managed workspace provider backed by Brookfield Properties, has leased 290,000 sq ft in Chennai.

With 6 new centres, COWRKS will add over 3,900 desks to the city. Now Chennai footprint has grown from 4 centres with over 2.1 lakh sq. ft. and 2,900 desks to a network of 10 centres spanning nearly 5 lakh sq. ft. and 6,800 desks.

Located across key business hubs such as Perungudi, GST Road and Radial Road-Pallikaranai, the portfolio offers a mix of flexible workspaces and managed office solutions, designed to serve the full spectrum of enterprise needs.


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“With flex now accounting for a significant share of office absorption and demand being led by GCCs and large enterprises, we are seeing a clear shift towards managed, high-quality environments that offer both agility and control. Chennai, in particular, has emerged as a preferred destination for GCCs across IT/ITES, BFSI, engineering, and manufacturing, drawn by the city's strong talent pool and the need for scalable, cost-efficient workspace,” said Mattew Parambil, Vice President & National Head - Revenue, COWRKS.

Flexible workspaces are now a core part of enterprise real estate strategies. Global Capability Centres (GCCs) account for nearly 40% of new flex seat demand, while average deal sizes have doubled since 2023.

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COWRKS currently has a presence across key markets including NCR, Mumbai, Bengaluru, Chennai, Pune and Hyderabad, supported by a strong portfolio of operational and development assets.