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.
Denne historien er fra December 2019-utgaven av Commercial Design.
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Denne historien er fra December 2019-utgaven av Commercial Design.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A PIVOTAL SHIFT TOWARDS A NEW ERA IN GOVERNMENT BUILDING AESTHETICS
GPM & Associates transforms a traditional government office into modern, eco-friendly workplace that prioritises employee well-being and sustainable design
A SQUARE PEG IN A ROUND HOLE
This office project by Studio Deshi is a masterpiece that seamlessly blends ancient wisdom with contemporary design principles. The innovative approach creates a holistic environment that fosters well-being, productivity, and creativity, setting a new benchmark for the future of office design.
FOSTERING FUTURE-READY OFFICE
The Smart Office Summit 2024 served as a vital platform for industry leaders to share insights and strategies for navigating the challenges of workplace design and infrastructure maintenance.
TRANSFORMING WORK ENVIRONMENTS
In this conversation, Reema Bhandari, Director at M Moser Associates, explores the intersection of design, sustainability, and employee well-being in creating modern workplaces.
THE FUTURE OF DIGITAL TWINS IN THE AEC INDUSTRY: NOIN REGIND FROM DESIGN TO OPERATIONS
Harnessing real-time data and innovative technologies to revolutionise design, enhance operational efficiency, and promote sustainability in the architecture, engineering, and construction sectors
CRAFTING WORKSPACES THAT INSPIRE AND ADAPT
Andrea Andreotti, Chief Design Officer at Ultraconfidentiel, discusses how the firm’s bespoke design approach balances functionality and aesthetics, crafting spaces that are both adaptable and inspiring for the modern workplace.
PATH FINDERS MINDS BEHIND THE BEST WORKSPACES IN INDIA
In celebration of Commercial Design magazine's 11th anniversary, we are proud to present the \"Minds Behind the Best Workplaces in India\".
REDEFINING WORKPLACE DESIGN AND SUSTAINABILITY FOR THE FUTURE
The 19th Smart Office Summit, held in New Delhi, explored the future of workplace design, bringing together industry leaders to discuss trends, sustainability, and innovative solutions for next-gen workspaces
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
