WeWork intends to expand its managed office space business in India
Real Estate

WeWork intends to expand its managed office space business in India

With companies opting for a hybrid work paradigm and demand for flexible space on the rise, managed and flexible office provider WeWork is looking to expand its operated office space business across the country.

WeWork has partnered with a Noida-based real estate builder to manage 6.6 million square feet of office space with 8500 desks, making it the company's largest operator office agreement to date. The builder will own the whole building profit and loss, as well as any fitout investments, under this partnership and agreement structure.

The WeWork x Alphathum alliance, which was facilitated by prominent consultancy company Colliers, is one of the largest commercial real estate transactions ever.

With companies opting for a hybrid work paradigm and demand for flexible space on the rise, managed and flexible office provider WeWork is looking to expand its operated office space business across the country.WeWork has partnered with a Noida-based real estate builder to manage 6.6 million square feet of office space with 8500 desks, making it the company's largest operator office agreement to date. The builder will own the whole building profit and loss, as well as any fitout investments, under this partnership and agreement structure.The WeWork x Alphathum alliance, which was facilitated by prominent consultancy company Colliers, is one of the largest commercial real estate transactions ever.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?