Browsing Tag

flexible workspaces

5 posts
WeWork

WeWork India Files DRHP with SEBI for IPO

WeWork India Management Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an initial public offering (IPO). The IPO comprises an Offer for Sale (OFS) of up to 43.75 million equity shares by Embassy Buildcon LLP and 1 Ariel Way Tenant Limited. The company, a leading flexible workspace provider, will not receive any proceeds from the sale. Book Running Lead Managers include JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital, and 360 ONE WAM.
WeWork

WeWork India Secures ISO 14001 and ISO 45001 Certifications Across Entire Portfolio

WeWork India has achieved ISO 14001 and ISO 45001 certifications across its entire portfolio, reaffirming its dedication to sustainability and workplace health and safety. Operating in eight cities with over 100,000 desks, the company continues to set benchmarks in creating sustainable and secure work environments.
WeWork

WeWork India Raises INR 500 Crore via Rights Issue to Reduce Debt

WeWork India has successfully raised INR 500 crore through a rights issue, focusing on debt repayment and strengthening its financial position. CEO Karan Virwani emphasized that the move underscores investor confidence and supports long-term growth. Operating in eight cities, WeWork India offers over 1 lakh desks, catering to businesses of all sizes.
Office real estate

India’s Office Market Reaches Record Heights in 2024, Surpassing 49 Million Sq. Ft. in Net Absorption

India’s office market reached new heights in 2024, with net absorption surpassing 49 million sq. ft. and gross leasing volumes hitting a record 77.22 million sq. ft. Bengaluru led the growth, posting its best-ever performance, while global companies and flexible workspaces significantly contributed to the surge.
bengaluru

Bengaluru’s Tech Boom Fuels Commercial Real Estate Demand

Bengaluru, often referred to as India’s Silicon Valley, is witnessing a significant…