Hong Kong-based flexible office operator The Executive Centre will expand with five new locations in India.
Despite the flexible office industry as a whole experiencing setbacks due to the ongoing pandemic, the company is preparing for its next phase of growth in India. The new locations will be located in Bengaluru, Gurugram, Chennai, Pune and Hyderabad with over 2,300 desk capacity.
“As workspaces prepare to resume to the new normal in the Covid-pandemic hit world, the business is in for some shifts, in terms of spaces offered and the way they are designed,” said Manish Khedia, senior director at The Executive Centre.
The firm also noted that its overall business has started normalizing, with its locations seeing up to 90% occupancy.
“While the global health crisis is reshaping corporate working environments, we expect offices to remain an important hub for creativity and idea sharing,” said Khedia. “More companies will have core and satellite offices, with some employees working closer to home or continuing to work from home and are investing in new city centre locations.”