Wework: WeWork India adds new office spaces in Bengaluru and Hyderabad, says expansion affirms its reliability as a brand
NEW DELHI: Even as US-based co-working startup WeWork has filed for bankruptcy, WeWork India’s expansionplans are on track and the company is adding new spaces in South India. The firm in which Bengaluru-based real estate major Embassy Group holds a majority 73% stake said that it has signed lease agreements for two new buildings—Manyata Redwood in Bengaluru and RMZ Spire in Hyderabad.“WeWork India’s continued expansion with ManyataRedwood and RMZ Spire exemplifies its reliability as a brand and it is a strong reflection of its relationships with all stakeholders including landlords, IPCs (international property consultants) and members,” the company said in a statement on Thursday.The new buildings will collectively add over 4,000 desks spread across 2,72,000 square feet to its existing ...