Co-Working Firms Lease 3.1M Sq Ft Office Space Jan-Mar: CBRE

10 Apr 2024 CW Team

In a notable trend indicating the resilience and adaptability of the commercial real estate sector, co-working firms have emerged as major lessees, leasing a substantial 3.1 million square feet of office space in the first quarter of the year, as reported by CBRE. This surge in leasing activity underscores the evolving dynamics of workspace preferences and the continued relevance of flexible office solutions in today's market.

According to CBRE's findings, co-working operators have actively sought out office spaces across various key markets, signalling a strong demand for flexible and collaborative work environments. Despite the challenges posed by the global pandemic, the co-working sector has demonstrated remarkable resilience, leveraging its agility to meet the evolving needs of businesses and professionals.

The leasing of 3.1 million square feet of office space by coworking firms not only reflects their confidence in the market but also highlights the growing acceptance of flexible workspace solutions among businesses of all sizes. As organisations embrace hybrid work models and prioritise flexibility in their office arrangements, co-working spaces offer an attractive proposition with their amenities, networking opportunities, and cost-effective options.

CBRE's report underscores the pivotal role played by co-working operators in shaping the future of workspaces and driving innovation in the commercial real estate sector. With their ability to provide agile and dynamic work environments, co-working firms are poised to remain key players in the evolving landscape of office leasing, catering to the diverse needs of modern businesses and professionals.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..