Robust economic development in Johor coupled with the state’s strategic location have significantly boosted demand for offices and co-working spaces, says Senator Datuk Abdul Halim Suleiman.
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Smartworks, a leading co-working firm in India, is expanding its footprint with a new centre in Gurugram's Cyber City. With over 8 million sq ft across 14 cities, it plans to raise $70-90m for future growth. The flexible office space industry is estimated to reach 81 million sq ft by 2025.