Awfis provides on lease 65,000 sq ft office space to edutech firm UNext in Bengaluru

28 June 2022

Awfis provides on lease 65,000 sq ft office space to edutech firm UNext in Bengaluru

  • Devdiscourse

Co-working operator Awfis on Tuesday said it has given on lease 65,000 square feet office space, comprising over 900 desks, to edutech UNext at its centre in Bengaluru.

Awfis currently has 131 co-working centres and 77,500 seats spread across 14 cities and is targeting to reach 200 centres milestone by the end of 2022.

UNext, backed by the Manipal Education and Medical Group, is an online learning organisation focused on the higher education ecosystem. Property consultant Knight Frank India was the sole consultant partner for the transaction, a statement said.

Awfis said it is working closely with startups, mid-sized corporates and large enterprises for their renewed and customised workspace needs.

”The design and aesthetics of our centres is testament to the growing focus of new-age companies towards creating multi-dimensional, interactive, and rewarding office spaces for employees returning to physical workplaces after a prolonged period of working from home,” Amit Ramani, Founder & CEO of Awfis, said.

Awfis Space Solutions Pvt Ltd is a fully tech-enabled workspace solutions platform that provides products across the spectrum of work requirements, including flex workspaces and remote working solutions.

Recently, property consultant JLL India and co-working marketplace Qdesq said in its report that the demand for co-working office space jumped over two-fold in the last fiscal year at 90,200 desks across seven major cities as flexible workspaces rose in prominence after the second wave of the COVID pandemic.

Earlier, property consultant Colliers and Qdesq, in a joint report, said that flex workspace stock would rise to 60.8 million square feet in metro and non-metro cities by 2023 from 43.8 million square feet at the end of the September 2021.

In India, the major co-working, including managed office space, operators are WeWork, Awfis, Smartworks, The Executive Centre, Simpliwork Offices, 91Springboard, Skootr Global and The Office Pass, among others.

This story appeared in the 28 June, 2022 issue of Devdiscourse and was originally published  at: Awfis provides on lease 65,000 sq ft office space to edutech firm UNext in Bengaluru, Devdiscourse

Co-working firm Awfis ties up with Nucleus Office Parks to set up 450-desk centre in Mumbai

12 July 2022

Co-working firm Awfis ties up with Nucleus Office Parks to set up 450-desk centre in Mumbai

  • Posted by Awfis Editorial

Co-working operator Awfis on Tuesday said it has partnered with Blackstone group firm Nucleus Office Parks for a new centre in Mumbai with a seating capacity of 450.

In a statement, Awfis said it has opened its first premium category centre ‘Awfis Gold’ in Mumbai.

This centre has been launched in partnership with Nucleus Office Parks, the operating platform for fully-owned Blackstone offices in India, it added.

The centre is spread across 27,000 square feet with 450 seats and is located at One International Center, Lower Parel.

Awfis Founder & CEO Amit Ramani said, ”Given the rising demand of co-working spaces, Awfis Gold will emerge as the premium partner of choice for enterprises and CXOs who are now looking towards a hybrid model of working.” Currently, Awfis has 10 Gold centres spread across 3.5 lakh square feet in Mumbai, Bengaluru, Hyderabad and Chennai.

Awfis has 131 centres and 77,500 seats across 14 cities. It plans to expand to 200 centres by the end of 2022.

The demand for managed office spaces in co-working centres has improved in the last one year as corporates want flexibility.

Recently, real estate consultant CBRE came out with a survey suggesting that nearly 75 per cent of office space occupiers are evaluating hybrid working models as their real estate strategy.

Around 78 per cent of the occupiers surveyed have underlined employee health and wellbeing as the most important element while facilitating return to office.

Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE said, “Return to Office for several corporates in India is already underway, with varying occupancies currently observed across cities as well as sectors.” With the widespread adoption of hybrid working since the pandemic, he said many companies are still considering the degree of flexibility needed to enhance employee productivity and connectivity.

Property consultant Colliers and co-working marketplace Qdesq, in a joint report, said that flex workspace stock would rise to 60.8 million square feet in metro and non-metro cities by 2023 from 43.8 million square feet at the end of the September 2021.

There are more than 3,000 co-working centres across major cities.

In India, the major co-working, including managed office space, operators are WeWork, Awfis, Smartworks, The Executive Centre, Simpliwork Offices, 91Springboard, Skootr Global and The Office Pass, among others.

This story appeared in the 12 July, 2022 issue of Devdiscourse and was originally published  at: Co-working firm Awfis ties up with Nucleus Office Parks to set up 450-desk centre in Mumbai, Devdiscourse

Awfis opens new centre in Chennai

10 June 2022

Awfis opens new centre in Chennai

  • Posted by Awfis Editorial

Co-working space provider Awfis has set up its new centre in the city, the seventh such facility, under its plan to strengthen presence pan-India, the company said on Friday.

The state-of-the-art facility, spread across 45,000 sq ft with 650 seats, is equipped with ‘cutting-edge’ infrastructure and has design in line with the company’s philosophy of creating space reflecting Indian culture.

Awfis currently has seven co-working centres in Chennai and the company plans to open four more centres by end of the year, a company statement said.

The new centre is part of the company’s premium workspace offering — Awfis Gold — which aims to deliver an unparalleled workplace experience to the company’s clientele. “We have realigned our offerings to meet the requirements of the workforce in line with the new reality.

This story appeared in the 10 June, 2022 issue of Daily Pioneer and was originally published  at: Awfis opens new centre in Chennai, PTI

Awfis opens new centre in Chennai

10 June 2022

Awfis opens new centre in Chennai

  • Posted by Awfis Editorial

Co-working space provider Awfis has set up its new centre in the city, the seventh such facility, under its plan to strengthen presence pan-India, the company said on Friday.

The state-of-the-art facility, spread across 45,000 sq ft with 650 seats, is equipped with ‘cutting-edge’ infrastructure and has design in line with the company’s philosophy of creating space reflecting Indian culture.

Awfis currently has seven co-working centres in Chennai and the company plans to open four more centres by end of the year, a company statement said.

The new centre is part of the company’s premium workspace offering — Awfis Gold — which aims to deliver an unparalleled workplace experience to the company’s clientele.

“..we have realigned our offerings to meet the requirements of the workforce in line with the new reality. Our continuous expansion in Chennai is a testament to the ever-increasing demand for shared workspaces across clients…”, Awfis founder-CEO Amit Ramani said.

Awfis clientele in Chennai comprises of start-ups, small and medium enterprises and multi-national companies. Some of the brands that have taken space with Awfis includes Sony Pictures, Suzuki, Lenovo, Practo, WayCool among others.

This story appeared in the 10 June, 2022 issue of News Drum and was originally published  at: Awfis opens new centre in Chennai, PTI