This company to invest Rs 150 cr in new managed office in Pune

New Delhi: Smartworks, a managed office space player, has now leased 5.6 lakh square feet for a 8,500 seater centre at Baner in Pune. The company is investing Rs 150 crore in the new centre. 

“It has been a high growth trajectory for us in Pune in the last three years. Our growth has been driven by customer requirements for flexible office spaces that support collaboration, innovation and productivity," said Neetish Sarda, founder, Smartworks.

The new centre is 40 percent pre-booked by clients in the IT/ITeS, manufacturing and BFSI domains. The centre is scheduled to open next month, the company said in a release.

"We are excited about this new location as it's the largest in our portfolio and the flex office space segment. As the largest managed office space provider to sector agnostic Enterprises, Global MNCs, unicorns and soonicorns, our focus is not just to offer them workspaces but a standardised and engaging office experience with value-added services and benefits in a campus-like infrastructure,” he said.

Smartworks has seven managed offices in Pune and has a total of 1.4 million square feet space with a capacity of 25,000 seats.