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Business

Coworking operators lease 191,000 seats across 8 cities in Jan-Jun: Report

Business Standard ·
Coworking operators lease 191,000 seats across 8 cities in Jan-Jun: Report

Co-working centre operators have leased over 1.91 lakh seats to corporates across top 8 cities during January-June period, a 68 per cent annual increase, amid rising demand for flexible managed office spaces, according to Cushman & Wakefield.

These operators leased 1,91,306 desks during the first six months of this year as against 1,13,623 in the year-ago period.

Real estate consultant Cushman & Wakefield noted that corporates are increasingly preferring to adopt flexible workspace solutions offered by the coworking operators.

As per the data, the leasing of coworking seats in Bengaluru rose 32 per cent to 57,487 desks in the January-June period from 43,616 desks in the corresponding period of the preceding year.

In Hyderabad, the coworking operators leased 40,451 desks during January-June 2026, a more than two fold jump from 14,936 units in the year-ago period.

Mumbai too saw a sharp jump as coworking operators leased 25,820 desks in the first half of this year as against ...

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