India, July 7 -- Smartworks Coworking Spaces Limited has completed the acquisition of Workstudio Spaces Pte. Ltd., a Singapore-based coworking and flexible workspace provider, through its wholly owned subsidiary, Smartworks Space Pte. Ltd.
The acquisition strengthens Smartworks' presence in Singapore's enterprise workspace market and expands its managed office portfolio in one of Asia's leading business hubs. Following the transaction, the company's Singapore portfolio now comprises four operational centres, covering approximately 76,000 sq. ft. with a seating capacity of more than 1,500.
The deal also adds over 45 enterprise clients across multiple industry sectors to Smartworks' Singapore portfolio, further expanding its customer base....