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AWFIS EXPANSION
Flex office firms' earnings jump on strong demand, premium shiftFlexible workspace firms WeWork India, Smartworks, IndiQube, and Awfis reported robust revenue growth and improved margins in the last fisc...- Awfis Space Solutions shares surge 9% after Q4 profit jumps 107% YoYAwfis Space Solutions shares saw a significant jump after the company announced a more than two-fold increase in net profit for the March 2...
- Awfis Q4 profit doubles, revenues up 20% YoY on GCC boom and AI-led expansionCo-working spaces remained the company’s biggest revenue contributor, accounting for more than 83% of operating revenues. Income from the s...
- Awfis strengthens presence with 28 centres in Chennai across 8.75 lakh sq ftAwfis has expanded its presence in Chennai by leasing over 110,000 square feet for two new centres. This move increases Awfis' total footpr...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- Flexible workspace firms clinch big deals in Q4Flexible workspace operators secured major office deals in the March quarter. Smartworks and WeWork led with substantial space leases acros...
- Indian flexible workspace sector crosses 100 mn sq ft; eyes $10 bn valuation by 2028India's flexible workspace sector has surpassed 100 million sq ft. It is projected to reach a $9-10 billion valuation by 2028. Operators ar...
- Awfis Space Solutions shares poised for 44% growth, target price raised to Rs 1,049: ICICI SecuritiesICICI Securities has reiterated its ‘buy’ recommendation on Awfis Space Solutions, raising the target price to Rs 1,049 from Rs 979, indica...
- Awfis opens new coworking centre in Ahmedabad comprising 30,221 sq ftAwfis has launched a new coworking centre in GIFT City, Gandhinagar, expanding its footprint in Ahmedabad to around 83,500 square feet. The...
- Flexible workspace provider Awfis to divest facility management businessAwfis Space Solutions Limited has signed a business transfer agreement with SMS Integrated Facility Services Private Limited to sell its fa...
- Awfis Space Solutions IPO opens this week. 10 things to know before subscribing to the issueThe IPO of Awfis Space Solutions is set to open for subscription on May 22 and will close on May 27. The company aims to raise approximatel...
- Awfis IPO on May 22: All you need to knowCoworking space company, Awfis Space Solutions, will launch its initial public offering (IPO) on May 22, the company’s red herring prospect...
- Awfis expands its footprint in South India with 11 new propertiesAmit Ramani, CEO and Founder, Awfis, said, "The region presents numerous opportunities through its expanding real estate landscape. This ex...
- Flexible workspace provider Awfis adds 1,400 seats in NCRThe centre at Suncity, Gurgaon is spread across 40,000 sq. ft and has 650 seats, while the centre at Knowledge Boulevard, Noida spans over ...
- Awfis enters Kochi, strengthen presence in SouthIn line with its expansion plans in emerging metros, Awfis intends to establish a strong network in Tier II cities in the coming months. At...
- Awfis leases 75,000 sq ft in IndoreSituated in the commercial business district of Indore, the two centres are located at Winway World Offices and Brilliant Sapphire in Vijay...
- Prestige Group and Awfis partner to offer co-working portfolio of half a million square feetIn February, Prestige and Awfis had entered into a pact to offer over 300,000 sq ft of Grade-A flexible office space within Prestige Group'...
- Flex workspace provider Awfis leases 100,000 sq ft in KolkataWith the two new flex workspaces in the city, the company aims to double its footprint from 2.5 million sq ft to more than 5 million sq ft ...
- Co-working space cos stick to their expansion plansCompanies like Awfis, Smartworks, ABL Workspaces and MyBranch, Incuzpace say pan India plans are on track and they are aggressively targeti...
- Awfis picks up 3 lakh sq ft on lease across 5 citiesThe company is planning to set up eight new centres across these five cities taking its total portfolio to 63 centres with 30,000 seats acr...
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