The Economic Times reports that owing to Indian companies targeting to save real estate costs and maximise resource utilisation, flexible workspace service providers are witnessing a rise in demand. Some of the largest names in flexible workspace services, such as Regus, Apeejay Business Centers, and DBS Office Business Centers have seen a rise of up to 20%.
Regus has seen its client’s list grow by 50% in the past 12 months, while Apeejay Business Center has seen a growth in client’s list by 30%. The news reports states that the client-base of these service providers range from large multinational corporations, such as Nokia, Apple, and Blackberry to small and midsized firms, including startups.
Read the Economic Times report here.