WeWork India leases office space in Bengaluru, Hyderabad for co-working centres

Co-working major WeWork India on Thursday said it has taken on lease 2.72 lakh sq ft of office space in Bengaluru and Hyderabad to open two new facilities comprising about 4,000 desks.

Co-working major WeWork India on Thursday said it has taken on lease 2.72 lakh sq ft of office space in Bengaluru and Hyderabad to open two new facilities comprising about 4,000 desks.

In a statement, WeWork India said the company is expanding its presence in South India and has added two new buildings with over 4,000 desks.

WeWork India has signed lease agreements for two new buildings -- Manyata Redwood in Bengaluru, and RMZ Spire in Hyderabad -- to open two new centres in the next few months.

In Bengaluru, the company has taken 1.17 lakh sq ft comprising over 1,700 desks. WeWork India has taken 1.54 lakh sq ft in Hyderabad, accommodating nearly 2,220 desks.

Since entering the Indian market in 2017, WeWork India has expanded its portfolio to over 6.5 million sq ft of office space signed across 50 locations in New Delhi, Gurugram, Noida, Mumbai, Bengaluru, Pune, and Hyderabad.