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The office space on the 9th floor has already been leased to managed flexible workspace provider Simpliwork Offices for a period of 60 months until March 31, 2026. This lease will also be transferred to Godrej industries as the new landlord, showed the documents accessed through Propstack.
WeWork India has signed lease agreements for two new buildings -- Manyata Redwood in Bengaluru, and RMZ Spire in Hyderabad -- to open two new centres in the next few months.
Flexible spaces are garnering significant attention not only from startups and SMEs (Small and Medium Enterprises) but also from large enterprises
Co-working space operator EFC (I) Ltd has entered the Delhi-NCR market by opening a new centre in Noida. The 65,000 square feet centre will house brands such as Tata Capital and Virtuous Transactional Analyst. EFC itself will occupy 25,000 square feet of office space.
While the India affiliate works as an independent entity, it did receive support at the peak of covid in 2020, when WeWork invested $100 million in it