India, April 15 -- Managed workspace provider IndiQube Spaces Limited has signed a Rs.52 crore managed office deal with a leading Japanese e-commerce company for around 35,000 sq ft in Bengaluru's Outer Ring Road, the company said in a statement on April 15.

The five-year mandate will support the client's India operations with a fully managed, enterprise-grade workspace, it said.

"The transaction comes at a time when India's flex office market has crossed 100 million sq. ft., with enterprises increasingly adopting managed workspaces as a strategic lever for faster expansion, operational flexibility and talent access," the statement said.

Outer Ring Road in particular remains one of the most preferred office corridors for global compani...