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Co-working firm 91Springboard, CBRE, sign 800-seat deal for private sector bank 91Springboard Co-working firm 91Springboard and CBRE South CBRE South Asia Pvt. Ltd, real estate consulting firm announced an 800-seat deal in Andheri (East), Mumbai for one of the biggest private-sector banks in the country. Implementing flexible workplace solutions is particularly challenging when servicing the BSFI sector owing to varied compliance and regulatory requirements. Catering to the bankâs requirements, and a stringent focus on data security, storage, and legal obligations, 91Springboard and CBRE were able to deliver a robust workplace solution. Co-working spaces offer a flexible and variable cost model for businesses of all sizes. Since the onset of the pandemic, there has been a surge in flexible space options and increased focus on hybrid working models by enterprise clients. CBRE expects Indiaâs flexible stock to grow by 10-15% (y-o-y) from the current 36 Mn s ....
Flexible office space stock to grow 10-15 pc annually from current 36 million sq ft: Report NEW DELHI, May 12: India’s flexible office space segment has a total stock of 36 million sq ft currently and is likely to grow 10-15 per cent annually over the next three years on rising demand from corporates, according to CBRE. Property consultant CBRE South Asia Pvt Ltd has released its report ‘The Future is Flex’ that highlights emerging trends and future expectations in India’s flexible space segment. CBRE expects India’s flexible stock to grow by 10-15 per cent (year-on-year) from the current 36 million sq ft in the next three years driven by hybrid space demand, expansion across cities and sustained funding. ....
India s flexible office space segment has a total stock of 36 million sq ft currently and is likely to grow 10-15 per cent annually over the next three years on rising demand from corporates, according to CBRE. Property consultant CBRE South Asia Pvt Ltd has released its report The Future is Flex that highlights emerging trends and future expectations in India s flexible space segment. CBRE expects India s flexible stock to grow by 10-15 per cent (year-on-year) from the current 36 million sq ft in the next three years driven by hybrid space demand, expansion across cities and sustained funding. As of Q1, 2021 calendar year, Bengaluru holds a stock of 11.6 million sq ft, the maximum in the country, followed by Delhi-NCR at 6.6 million sq ft and Hyderabad at 5.7 million sq ft. ....
Realty savings from hybrid, remote work 1/3rd of markets’ estimates: Report SECTIONS Share Synopsis While evaluating emerging workplace trends and the projected impact of Covid-induced strategies on achievable real estate savings, CBRE found that achievable medium-term real estate savings attributable to hybrid or remote working could be one-third of the market estimates. Agencies CBRE is of the view that from a workplace strategy perspective, the relevance of physical space will continue, however, the intended purpose of office is likely to be gradually redefined over a period of time; the findings said. Cost savings from adoption of hybrid or remote working models are unlikely to match the expectation of companies and would offer only one-third estimated benefits, showed a CBRE South Asia report. ....