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Bangalore Leads the Way in APAC's Flexible Office Market Bangalore has emerged as a key player in the APAC region for flexible office spaces during the first half of 2024. Outperforming several other cities, the city's strategic growth has positioned it as a preferred destination for businesses seeking adaptable workspace solutions. Why is this significant? * Strategic Business Environment: Bangalore’s leadership underscores its importance as a hub for business growth and innovation. * Increased Flexibility: The growing demand for flexible offices highlights Bangalore’s role in supporting businesses of all sizes, from startups to multinational corporations. * Technological Ecosystem: The city’s rise reflects the strength of its tech and business ecosystem, offering a robust infrastructure for evolving business needs. * Attractive for Investors: With this continued growth, Bangalore becomes a focal point for investors and businesses looking for resilient, future-ready workspace options. Bangalore's prominence in the flexible office market demonstrates its ability to adapt to changing business requirements, providing a stable foundation for long-term growth. Visit https://lnkd.in/gKPgaY5j to view the entire report. CBRE Asia Pacific #BangaloreBusiness #FlexibleWorkspaces #APACMarketLeadership

🚀 Smartworks Raises Rs 168 Crore in Second Round of Funding Led by Keppel Ltd. 🚀 Overview of Smartworks: Smartworks, India’s leading managed workspace platform, continues to expand its footprint across the country. Founded by Neetish Sarda, Smartworks offers innovative office experiences and managed campus platforms to businesses. Since its inception, the company has grown to include 41 centers across 13 cities, encompassing a total of 8 million sqft. Major locations include Golf View Corporate Towers in Gurugram, Logix Cyber Park in Noida, Amar Tech Center, and 43EQ in Pune, and Olympia Pinnacle in Chennai. Funding Details: This year, Smartworks has secured $20.24 million (Rs 168 crore) in a second round of funding led by Singapore-based Keppel Ltd. Ltd, a longstanding investor in the company since 2019. Additional investors in this round include Ananta Capital Ventures Fund I, Plutus Capital LLC, Family Trusts, and high-net-worth individuals. To date, Keppel Ltd has invested $29 million in Smartworks. The capital from this latest round will be utilized for business growth, expansion, and general corporate expenses. Aspirants Space Encouragement : With the fresh infusion of capital, Smartworks is set to accelerate its expansion and enhance its managed workspace solutions. At Aspirants Space ( https://lnkd.in/gYkc-Ni8 ), we believe in the potential of Smartworks and encourage the company to hire top talent that can drive their ambitious growth plans. By partnering with us, Smartworks can continue to lead the way in innovative office solutions and managed workspaces. Join the Journey: We invite everyone to share this exciting news and support Smartworks in their mission to redefine workspace experiences in India. Whether you're a job seeker looking for opportunities in the dynamic workspace sector or an investor interested in supporting innovative business solutions, Smartworks offers a promising and vibrant environment. Source : https://lnkd.in/evhEDzKb #AspirantsNews #FundingSuccess #ManagedWorkspace #Smartworks #OfficeSolutions #InvestmentNews

Having visited Bangalore three times in the last two years to explore similar opportunities, I’m intrigued by the socioeconomic pressures such large corporate moves would place on the city. Google’s decision, however, underscores Bangalore’s growing importance as a global tech hub, but it’s crucial to consider how this influx of business might impact local infrastructure, housing, and the labour market in terms of costs and skill demands. Balancing growth with sustainability will be key to ensuring long-term benefits for both the industry and the local population. Definitely one to keep an eye on. #tech #innovation

🚀 Exciting News for Businesses in Pune! 🚀 Are you searching for the perfect workspace solution to elevate your business? Look no further! We're thrilled to offer managed office spaces in Pune, with flexible options ranging from 25 to 200 seats. Whether you're a startup, an expanding team, or an established enterprise, we have the ideal workspace tailored to your needs. 🔹 Prime Locations: Situated in key areas for optimal connectivity and convenience. 🔹 Flexible Sizes: Choose from 25 to 200 seats to accommodate your team’s size and growth. 🔹 Fully Managed: Enjoy hassle-free operations with top-notch facilities, high-speed internet, and dedicated support. 🔹 Customizable: Create an environment that reflects your brand and boosts productivity. Elevate your business operations with a workspace that supports growth and innovation. Get in touch today to schedule a tour and discover how our managed office spaces can be the perfect fit for your team! #PuneOfficeSpace #ManagedOffices #FlexibleWorkspaces #BusinessGrowth #OfficeSolutions #WorkspaceForRent

NVIDIA and McKinsey & Company's recent expansions in the National Capital Region (NCR) signal resilience in the office space market amid Q4 challenges. Despite a 21% dip in leasing activity, their commitments underscore confidence in India's growth prospects. NVIDIA secured 73,000 sq ft at The Headquarters 27, while McKinsey & Company leased 70,000 sq ft at DLF downtown in Gurgaon, reflecting their strategic investments in the region. As McKinsey & Company's spokesperson highlighted, this move aligns with their growth aspirations in India, emphasizing a long-standing commitment to the country's business landscape. While overall leasing activity saw a decline, industry experts remain optimistic about net absorption, driven by pre-commitments and sustained demand across sectors like flex, IT-BPM, BFSI, and engineering. Gurgaon continues to lead demand, with prime sub-markets like Cybercity and NH-8 Prime attracting significant leasing volume, followed by Noida. Looking ahead, the influx of high-quality office projects and a new supply of 3 million sq ft expected in 2024, primarily in Gurgaon and Noida Expressway, indicates continued opportunities for growth and development in the NCR office market. #Nvidia #McKinsey #OfficeSpace #NCR #Growth #Investment https://lnkd.in/dzgQSDak

For #flex operators, automating tasks with coworking technology can lead to countless benefits for making things run more smoothly. - Hear from the Optix team how automation can transform your workspace operations: https://bit.ly/47pYfn9 - - #coworkingtechnology #flexoffices #technology #automationtools

Smartworks celebrates 8 years—an incredible journey with challenges, achievements, and learnings.   In a world dominated by traditional office setups, we dared to innovate, crafting dynamic ecosystems that prioritize experience—an often overlooked aspect. Our disruptive approach not only catapulted us to the forefront of the flex space segment but also reshaped standards, igniting a transformative movement. We boldly indianised the global coworking model, extending its reach to enterprises beyond the conventional startup and freelancer sphere. Our vision to revolutionize workspace dynamics and empower India's workforce through innovative managed spaces has yielded tangible results, evident in our sustained market leadership and impressive YoY growth. None of this would have been possible without the unwavering support of our dedicated team, partners, and clients.   Our sprawling, amenity-rich large campus-scale centers, averaging 3-4 lakh sq. ft., adorned with sector- agnostic marquee clients, serve as tangible proof of our success. It also highlights the widespread adoption of our innovative solutions by leading enterprises encompassing Fortune 500 and Forbes 2000 companies, as well as unicorns and soonicorns.   Reflecting on our journey, we take pride in building an Indian brand for the global stage. We remain excited and optimistic about the future, as we believe the best is yet to come. #gratitude #smartworks #corporateanniversary #managedspace #flexspace #India Pratik Agarwal Prashant H. Anuj Nangpal Pratyush Kumar Anirudh Tapuriah Sahil Jain Anita Sharma Niroopa Padmanabhan Esha Ranjan, PMP, LEED Hiren Soni Sameerr Saboo Prashant Nair Swati kumari Vasumathi Krishnan

Tech companies going total remote in 5 years! Indian tech companies are testing possibility of working from home using hybrid work culture. If it succeeded, its high possibility that tech companies will go complete remote in next 5 years as per the latest development. Many top tech companies are selling offices as they feel that hybrid work culture given leadership confidence about working from home. The remote job benefits for employers like no infra, support cost, no transport cost and upto 30% reduction in employee cost are evident. Some IT companies - already started making this move. In H2-2023 Knight frank research firm reported whopping 19% drop on Benglauru office space leasing https://lnkd.in/gMKy7hkX . #Cognizant divesting 10 acre campus in Gachibowli, Hyderabad and massive 14 acre campus in Chennai. Further it is planning to vacate 11 million sq ft office space. https://lnkd.in/gAj5z258 #Intel is selling 2.5 lakh sqft office space in whopping 450 crore https://lnkd.in/gZC-tK3X #HCL to divest whopping 27 acre in Jingani, Bengaluru https://lnkd.in/gP8sBPhJ #Wipro to sell/divest office spaces - 14 acres in Gachibowli and 25 acre campus in Electronic City. https://lnkd.in/gzSWkQuc

🌟 Looking for a managed office space in Bangalore? 🌟 Check out our latest blog post highlighting the top locations in India's Silicon Valley for your business needs! Whether you prefer the vibrant streets of Indiranagar, the tech-centric environment of Electronic City, or the organized layout of HSR Layout, there's something for every business. Read the full article now! #ManagedOfficeSpace #CoworkingSpace #Bangalore #BusinessExpansion #TechHub #LinkedInPost 🚀🏢

According to reports, GCCs are expected to account for 40% of the demand for Grade A office spaces in India. This demand surge is driven by the growing number of companies setting up or expanding their global operational hubs in India, particularly in cities like Bengaluru, Hyderabad, and Pune. The increased focus on automation, AI, and digital transformation is also contributing to this trend. https://lnkd.in/dmyZDSZE