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WeWork India chalks ₹400 crore annual capex plan for expansion

WeWork India chalks ₹400 crore annual capex plan for expansion
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Tamil naduNew delhiKaran virwaniEmbassy groupWework indiaOlympia cyberspaceSingh puriWork indiaWework globalBengaluru based embassy group

Demand for flexibility, cost-effectiveness drives co-working spaces boom

Providing convenience and flexibility for employees on one hand, cost-effectiveness, and asset-light models for employers on the other, coworking/managed spaces are booming. Demand for such spaces is soaring in large metros and Tier-2 cities alike as companies tighten return-to-office rules.

Sanjay chaudharyKaran virwaniRobin chhabraHarvard business schoolOuter ring roadWework indiaWelspun oneAnshu sarin

Flex office operators to ramp up expansion, deepen tier 2 presence this year

Co-working firms and managed office providers will expand in both metros and smaller cities in 2024-25 amid increasing demand for flexible offices

Andhra pradeshMadhya pradeshTamil naduWest bengalKaran virwaniAwfis space solutions pvtInternational workplace groupNational capital regionWework indiaRishi dasWork indiaAvendus capitalDelhi national capital regionHarsh lambahSpace solutions

IPOs by flexible workspace firms: Sharing to grow

A number of flex workspace operators are expected to raise long-term capital and onboard more institutional investors.

Embassy office parks reitAwfis solutions pvtEnam holdingsWework indiaWork indiaAvendus capitalWorkspace firmsWorkspace operatorsFlexible workspace

Embassy Group aims to take WeWork India public after acquisition, ET RealEstate

Post the acquisition, the Bengaluru-based property developer will own 100% of WeWork India. Of the total, Embassy will sell 40% stake to Enam Group, A91 Partners, CaratLane founder Mithun Sacheti, and others for ₹1,200 crore, said the people cited above.

Mithun sachetiEmbassy groupCompetition commission of indiaEnam groupRepresentative imageWework indiaWork indiaCompetition commissionReserve bankWework indiaMithun sachetiNam groupAa91 partners

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