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FLEX SPACE PENETRATION
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...
Smartworks bets on structural shift as managed offices become mainstreamIndia's managed office sector is entering a period of strong growth. Smartworks, a leading platform, is expanding rapidly with large campus...
India's flexible workspace market shifts to corporate-led growth, large enterprise occupies 72% seats: ReportIndia's flexible workspace market is now dominated by large enterprises. These big companies account for 72% of flex seat absorption, a sig...
65% of Indian firms plan flexible workspaces by 2027: CBRE-FICCI ReportNearly 65 per cent of office occupiers in India expect to integrate flexible workspaces into their portfolios by 2027. Currently, 55 per ce...
India office market set for next growth cycle, led by GCCs, flex spaces and REITsIndia's office market is set for structural growth in 2026. Global Capability Centers will lead demand, with flexible workspaces also playi...
GCCs to drive nearly half of India’s flex demand by 2027: ReportIndia's flex workspace market is poised for significant growth, with stock projected to exceed 100 million sq ft by 2027. This expansion is...
India Inc's flex office demand doubles, but startups go leanerIndia Inc. is significantly increasing its flex seat requests, more than doubling them to 53 this year, while startups are opting for leane...
Indian office market shows higher affinity for shared work spaces: Colliers-FICCI reportThis market optimism is also reflecting on overall leasing with flexible office space expected to contribute 15-20% of overall office leasi...
Flex space stock in Pune to cross 8 mn sq ft by 2025: ColliersPune’s flex space stock is expected to cross 8 million sq feet by 2025, driven by demand from technology and other mainstream sectors, acco...
Rising demand pushes India amongst fastest-growing flex office markets globallyIndia is witnessing strong growth in demand for flexible office space solutions from large enterprises and startups from various industries...
India’s flexible office segment to grow 10-12% in 2023: ColliersIn India, flexible spaces are becoming an integral part of occupiers’ portfolio and their share is estimated to increase to 10-12% in 2023,...
India's flexible workspace market likely to reach 126 million sq ft in next four yearsThe report, titled "India Flexible Workspace Report" highlights the increasing demand for flexible workspaces, particularly in light of the...
Bangalore has the highest flexible workspace stock in Asia-Pacific region : Study“India is leading the flexible A- grade office stock in the APAC region. Occupiers are largely re-engineering their portfolio and workplace...
Flexible office operators leased 8.8 million sq ft in 18 months: ReportThe first half of 2022 saw the flexible office segment receiving prominence in the occupier space strategies. As such, the share of flexibl...
Simpliwork offices add Chennai to its portfolio“2021 has been a milestone year for Simpliwork in terms of business growth. As an industry leader, we have been able to offer agile solutio...
Flexible space take up in tier II towns to further strengthenAccording to JLL- Awfis Report titled “Flex your Workplace”survey findings, 48% of respondents/occupiers who already have a presence in Tie...
Smartworks is looking to make the most of ongoing coworking boomSmartworks is on an expansion spree—planning new facilities in Noida, and more coworking spaces in IT hubs of Hyderabad, Bengaluru and Pune...
Hyderabad houses 4.5 mn sq. ft. of flex space; one of the fastest growing flex markets in country: JLLApart from big MNCs, Hyderabad also houses many start-ups and small companies in the field of Consulting, IT, and logistics. Flex spaces ha...
With 10.6 million sq. ft, Bengaluru leads in flex space stock in the country: JLLThe city also has a higher penetration of flex space in the country at 4.8% as compared to the national average of 3%, according to JLL rep...
Flexible offices spaces to cross 50 million sq ft in India by 2023, reportJL report expects the flexible space segment to grow by an average of around 15-20% per annum over the next three-to-four years, although t...