The Executive Centre invests Rs 100 crore to lease 200,000 sq ftThe Executive Centre (TEC), a Hong Kong-based flexible workspace provider, has invested Rs 100 crore in the first half of 2023 to lease ove...
27 Jun, 2023, 12.40 PM IST
The Executive Centre to add 4-5 centres in India in 2023Indian market contributed US$15 million to the global EBITDA, recording a 31% YoY increase from last year’s EBITDA of US$11.2 million and T...
04 Apr, 2023, 04.31 PM IST
Flexible workspace rentals spike by up to 15% on demand uptick"With a surge in demand and limited amount of grade A office space available in metros, quality workspaces are commanding a higher premium,...
06 Aug, 2022, 10.45 PM IST
Flex office player TEC leases 1 lakh sq ft across 3 citiesThe company has leased 25,000 sq ft in Bangalore, 35,000 sq ft in Chennai and 45,000 sq ft in Gurgaon and is in talks with developers to ad...
03 Aug, 2022, 11.58 PM IST
Hong Kong-headquartered flexible workspace provider TEC invests Rs 50 crore to set up 8-10 centres in the country“In addition to the four new centres, we aim to cater to the accelerating demand with additional centres in 2022, supporting the expansion ...
03 Aug, 2022, 03.53 PM IST
Flexible workspace providers hiking rentals by up to 15%“With a surge in demand and limited amount of grade A office space available in metros, quality workspaces are commanding a higher premium,...
02 Aug, 2022, 08.13 PM IST
Leasing of flexible workspace by corporates up 59 pc in Apr-Jun to over 28,000 desksEnterprises had leased 17,691 seats in coworking centres in the April-June quarter of last year across eight major cities -- Delhi-NCR, Mum...
24 Jul, 2022, 03.59 PM IST
Flexible spaces demand may hit a new high in 2022Coworking operators sold over 55,000 seats in 2021, up from 36,000 seats in 2020, according to property experts, and they expect sales to d...
24 Jan, 2022, 09.56 AM IST
Co-working spaces in higher demand, 23,500 seats taken during July-Sept quarterWhile the work-from-home model was a pleasant change for a few months, many companies do not want it to be a permanent part of their cultur...
01 Nov, 2021, 09.33 AM IST
Hong Kong's TEC to invest Rs 200 crore to add 2.5 lakh sq ft of office space in IndiaThe company is looking at centres upward of 40,000 sq ft, depending on the city and location. The Executive Centre operates close to 1 mill...
29 Oct, 2021, 07.05 AM IST
The Executive Centre to invest Rs 200 crore for expansion in three citiesThe flexible workspace industry has become more relevant for organisations amid the pandemic as companies across sectors reassess their rea...
28 Oct, 2021, 09.06 AM IST
Corporates' demand for flexible workspace up 73 pc in Jan-Jun periodIn its latest report for the office market, property consultant Cushman and Wakefield said the total seats leased by enterprises could cros...
19 Jul, 2021, 04.49 PM IST
The Executive Centre crosses one million sft of office space India with Rs 40 crore investmentFurthering its footprints in India, The Executive Centre is opening two new Centres is Pune and Bengaluru respectively. The setting up of n...
17 Feb, 2021, 03.48 PM IST
The Executive Center leases 1 lakh sft across Mumbai and BangaloreTEC has leased 60,683 sq ft of office space in BK, Mumbai and 40,000 sq ft in whitefield, Bengaluru. Both centres are expected to open by M...
01 Oct, 2020, 05.53 PM IST
Amid recurring waves of COVID-19, flexible office space to witness uptick in 2021The flexible office segment growth is expected to remain muted in 2020 and experts expect an uptick in the segment only in the second half ...
27 Aug, 2020, 10.55 AM IST
Bumper listing of 2nd REIT to encourage more builders to tap route, say expertsThe participation of retail investors will also increase in future REITs, enabling them to earn dividend income from fully leased and liste...
07 Aug, 2020, 05.24 PM IST
The Executive Centre to invest Rs 100 cr on setting up 5 new co-working facilities in IndiaThe company is bullish on the demand for flexible office space post COVID-19 pandemic as corporates will look to cut capital expenditure on...
17 Jun, 2020, 02.29 PM IST