India, June 8 -- Smartworks Coworking Spaces Limited, India's largest managed office platform by area under management, has leased more than 400 seats to the Indian subsidiary of a Japanese non-banking financial company (NBFC) in Mumbai.
The five-year agreement is expected to generate rental revenue of approximately Rs 35 crore for the company.
Commenting on the development, Smartworks Founder and Managing Director Neetish Sarda said large enterprises require workplaces that are scalable, operationally efficient, and consistent across locations, which the company's managed campus model is designed to deliver.
The transaction further strengthens Smartworks' presence in the large-format enterprise workspace segment. Clients occupying 300 o...