Co-working spaces see 80% demand recovery, Real Estate News, ET RealEstate

BENGALURU: Co-working companies are seeing a revival in interest after a pandemic-hit year as some companies — mostly small and medium enterprises — slowly bring some employees back to office. Occupancies in the first two months this year have been about 80% of the year-ago period, while average occupancy is about 50%. Companies say that […]

Prestige & Awfis to set up six co-working spaces with Rs 40 crore investment, Real Estate News, ET RealEstate

NEW DELHI: Realty firm Prestige Group has tied up with co-working operator Awfis to set up six centres, comprising around 4,000 desks, in Bengaluru, Hyderabad and Chennai with an investment of about Rs 40 crore. Bengaluru-based Prestige Group and Awfis will jointly invest to set up these centres and also share revenues. These six centres, […]

Awfis opens 65,000 sq ft flex-working centre in Chennai, Real Estate News, ET RealEstate

NEW DELHI: Awfis, a flex workspace provider, has opened 65,000 sq ft flex-working centre at Gemini Circle, Nungambakkam, Chennai. The new centre is spread across six floors with over 1,200 workstations and eight meeting rooms. This is its first centre in the city. The company hopes to grow to 5-6 centres in Chennai in the […]

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