Smartworks Coworking Spaces has leased over 930 seats to the India-based subsidiary of a UK-headquartered global professional services and technology firm in Pune. With this addition, the client's total seat count with the company now stands at over 1,730 seats.
The 60-month engagement is expected to generate committed rental revenue of around Rs 58 crore. Combined with the existing engagement, the expected rental commitment is estimated at around Rs 102 crore.
Smartworks Coworking Spaces is engaged in the business of customized managed workspace solutions, offering fully serviced, tech-enabled office environments with aesthetic designs and essential amenities to meet the specific needs of enterprises and their employees.