City
Epaper

WeWork India strengthens footprint in country, adds two new buildings

By IANS | Updated: April 23, 2024 12:30 IST

New Delhi, April 23 Flexible workspace provider WeWork India on Tuesday announced the expansion of their operations in ...

Open in App

New Delhi, April 23 Flexible workspace provider WeWork India on Tuesday announced the expansion of their operations in the country by signing lease agreements for two new buildings.

Set to open in the next couple of months, the new buildings -- HQ27 in Gurugram and Amanora Crest in Pune -- are located in key business hubs and will redefine the workspace experience for professionals and enterprises alike, the company said.

The two buildings will add over 3,100 desks, spread across over 1,83,000 square feet of space to the existing portfolio.

"As more organisations opt for hybrid work models, we expect the strong demand for flex spaces to continue rising," Arnav S Gusain, Head of Real Estate, Product, and Procurement, WeWork India, said in a statement.

"Our two new additions will not only address the growing need for holistic, tech-enabled work solutions but also enhance the workforce experience," he added.

With the opening of Amanora Crest, the company said that it will engage in an owner-operator model, with the CAPEX investment & ownership of P&L resting with the landlord.

Last year, the company added two new buildings -- Manyata Redwood in Bengaluru and RMZ Spire in Hyderabad, with over 4,000 desks spread across approximately 2,72,000 square feet to the existing portfolio.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalGOLDFEST 2026 Begins in Ahmedabad marking 50 Years of Indo-Japan Friendship

EntertainmentKamal Haasan hails Sivakarthikeyan's 'Parasakthi,' says film is "victorious tilak etched into history of DMK"

Cricket"There's always outside noise, it doesn't affect me": Dewald Brevis ahead of Men's T20 World Cup

HockeySG Pipers claim Women's HIL Trophy in thrilling shootout

NationalNew pension scheme rolled out as TN govt introduces assured retirement benefits for govt employees, teachers

Business Realted Stories

BusinessPre-budget meeting positive and constructive: States’ Representatives

BusinessFinance Minister chairs Pre-Budget Consultation meeting with States, Union Territories

BusinessPunjab serves platform in defence manufacturing sector, says Minister Arora

BusinessStates must play bigger role in India’s tech self-reliance, Viksit Bharat goals: NITI Aayog Vice Chairman

BusinessCCPA cracks down on restaurants for illegal service charges, takes action against 27 establishments