Though WeWork is aggressively expanding across the world, its operations in India are a minuscule, single-digit fragment of the bigger picture. It continues to position itself as the wave of the future – the last word in community-based offices – and investing in this is WeWork’s primary focus right now.
While its India valuation and future expansion plans may not be deeply impacted by the recently jinxed listing plans, this is not even a statement on the potential of coworking in India. Still a young segment in this country, coworking has massive demand and witnessed a 23% growth in the second quarter of 2019 over the preceding quarter across the top seven cities.
Embassy Group acquired the franchisee rights of WeWork in India with 80% stake in it, and the coworking vertical is not likely to face any funding challenges. Embassy’s recent successful REIT listing has given it an edge and will work in its favour.
この記事は Commercial Design の December 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Commercial Design の December 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
SYNQ.WORK PLANS TO INVEST 60 CR. TO ADD 6 LAKH SQ. FT. OF MANAGED OFFICE SPACES TO ITS PORTFOLIO WITH NEW CENTRES IN BANGALORE, PUNE, AND HYDERABAD
Synq.work, one of the leading managed office space providers in India has recently made an announcement to expand the current seating capacity from 3200 to 12,000 by adding an additional 8800 seats by December 2025.
TANGIBLE ROI
How to connect your CAFM to obtain tangible ROI
UNLEASHING THE POTENTIAL OF THE OFFICE CAMPUS
Exciting concept can re-ignite employees' desire to work onsite and drive creativity
REINVENTING RETAIL
Inside Culdesac's future-forward design of Bershka Valencia
A VISION BEYOND THE CONVENTIONAL
Kangana Ranaut's Manikarnika Films Studio office, designed by The Orange Lane, transforms a creative workspace into an inspirational sanctuary, masterfully blending tranquillity and innovation.
WHEN INDUSTRIAL CHIC MEETS URBAN OASIS
Studio Lotus breathes new life into Chennai's largest IT park with the design of The Hub at DLF Cybercity, Chennai - a dynamic mixeduse community hub that's a vibrant fusion of industrial design and community-centric spaces.
SHAPING THE FUTURE OF WORKSPACES
Understanding the evolving dynamics of workplace design and operations.
CHANGING SHAPE
Five of the biggest breakthrough innovations redefining the fit-out industry
NAVIGATING THE START-UP OCEAN
Essential tips for founders setting sail
CREATING A SANCTUARY FOR WOMEN AND CHILDREN
Designed by Architecture Dialogue, the Nirbhaya Centre in Bengaluru sets a new benchmark in creating secure, welcoming spaces for women and children, blending innovative design with sustainability and community-focused principles