India, June 8 -- Smartworks Coworking Spaces Limited, a managed office space provider, has leased more than 400 seats at its Mumbai centre to a Japanese NBFC subsidiary under a five-year agreement. The deal is expected to generate rental revenue of approximately Rs.35 crore over the lease term, the company said in a regulatory filing dated June 8.

The five-year engagement is estimated to generate rental revenue of around Rs.35 crore, the company said.

"Large teams have a very specific set of workplace requirements - they need space that is operationally seamless, consistent across every touchpoint, and built to scale as the organisation grows. That is precisely what our managed campus model is designed to deliver," Neetish Sarda, founde...