Bengaluru: Managed workplace area supplier Awfis House Options Pvt Ltd on Tuesday mentioned it has leased 64,000 sq ft to agritech startup WayCool Meals, in Chennai and Bengaluru.
Awfis will supply WayCool robotics, mechanical and electrical Labs, a hypermarket setup for merchandise, a dialogue lounge with pantry, an expertise centre with retail show, and a studio area amongst different options.
Property advisory CBRE South Asia Pvt Ltd facilitated the transaction.
Awfis presently has 95 co-working centres and 55,000 seats unfold throughout 13 cities and it’s heading in the direction of the 100-centre milestone earlier than 2021-end.
“Organizations as we speak are looking out for options that not solely supply security and comfort but additionally go the additional mile to enhance productiveness whereas optimizing prices. Awfis has steadily advanced with the shift in demand and remained forward of the curve, by way of the brand new regular, addressing the various wants of organizations,” mentioned Amit Ramani, founder and CEO, Awfis.
“We’re closely investing not simply in tech but additionally in our expertise pool. In simply six months, we’ve added over 1000 brains to our expertise power. Our new headquarters in Bangalore and Chennai shall be a mirrored image of our values, tradition and our warrior spirit. Like our vibrant store flooring, the company places of work will even have new-age parts for enhanced engagements, synergies, and shall be excessive on worker and accomplice expertise,” mentioned Amrit Bajpai, COO, WayCool Meals.
Versatile workspace inventory will cross 60 million sq ft in metros and non-metro cities by 2023, as occupiers embrace agility and adaptability of their work fashions, property advisory Colliers and Qdesq mentioned in a report on Tuesday.
The demand for flex area shall be largely pushed by consulting, IT-BPM and e-commerce firms who’re establishing a number of satellite tv for pc places of work in suburban areas in metro cities. Metro cities stay the stronghold of flex areas, accounting for about 88% of the whole flex inventory as of Q3 2021, talked about within the report.
“Reverse migration to Tier 2 cities, fixed development of latest startups and elevated occupier confidence pushed by vaccination charges, have helped in total enchancment of the flex business throughout the nation. The flex market in India is evolving with many enterprises incorporating a flex area element of their portfolio. It’s encouraging that flex areas are presently working at about 70%, with the development transferring in the direction of pre-pandemic ranges. Occupiers are taking a look at next-generation places of work and the longer term workplaces shall be distinctive to every occupier. Flex workspace operators should proceed to concentrate on customization and offering on-demand workspaces,” mentioned Ramesh Nair, CEO (India) and MD (Market Improvement-Asia), Colliers.
Supply: Live Mint