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Indiqube Spaces signs Rs 52 crore workspace deal with Japanese e-commerce giant

15 Apr 2026 Evaluate

Indiqube Spaces has signed Rs 52 crore workspace deal with a leading Japanese e-commerce giant for around 35,000 sq. ft. at Outer Ring Road, Bengaluru over a tenure of five years. The mandate is expected to support the client’s India operations with a fully managed, enterprise-grade workplace in one of the country’s most strategic technology corridors.

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.

For IndiQube, this transaction further strengthens its position as a partner of choice for Global Capability Centers (GCCs) seeking future ready, tech enabled workspaces across India. With a diversified footprint across major business markets, GCCs constitute over 40% of its portfolio.

Indiqube Spaces is primarily engaged in the business of leasing of network of shared work spaces of fully or partly equipped premises and other related activities.

Peers
Company Name CMP
Sagility 45.15
Knowledge RealtyTrt. 113.28
Prime Focus 310.60
Indegene 578.05
Syngene Internatl. 382.65
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