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workspace: The Executive Centre invests Rs 100 crore to lease 200,000 sq ft

The Executive Centre (TEC), a Hong Kong-based flexible workspace provider, has invested Rs 100 crore in the first half of 2023 to lease over 200,000 sq ft across 8 centres. The company intends to grow at a similar pace in the second half though getting quality space remains a challenge. According to a CBRE survey, 56% of the office space occupiers plan to allocate more than 10% of their total office portfolio to flexible spaces by 2025.
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