Page 18 - Co Working News Today

WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.

The realty firm has leased 42,000 sq ft spread across the fourth, fifth and sixth floors in the building. This co-working space will offer a seating capacity of over 450 people

The report projects continued growth in the annual employment rate for office-going professionals in the six major cities, forecasting an 11 percent increase in 2023.

A total of 38 million sq feet of office space was absorbed and despite the global economic volatility, domestic occupiers accounted for almost half of the office space take-up in 2023.

The company has, more than 36 centres and 25,000 seats across Maharashtra, Telangana, Tamil Nadu, Karnataka, Gujarat, Uttar Pradesh, and West Bengal

The facility that seats over 800 members is situated at Sadanand Business Centre in Baner area of Pune.

Pune tops with co-working spaces occupying a transaction share of 40 percent in the last fiscal, according to Anarock Research. Bengaluru comes next with net absorption of co-working office spaces increasing to 30 percent

KUALA LUMPUR: Companies in Malaysia, including the government and the private sector, should include the younger generation and make it a compulsory requirement to have them as board members, to maximise creativity in the nation’s economy.

However, the severe traffic woes in the city need to be resolved. There is a need for seamless connectivity between bus and metro lines, and last-mile connectivity.

Overall, the proptech sector demonstrated resilience with a cumulative investment of nearly $4 billion between 2009 and 2022, boasting a remarkable compound annual growth rate of 49 percent