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SMARTWORKS completes acquisition of Singapore-based Workstudio Spaces
Smartworks Coworking Spaces announced the completion of its acquisition of Workstudio Spaces (Workstudio), a Singapore-based coworking and flexible workspace provider, through its wholly owned subsidiary, Smartworks Space.
Buy Calls: Smartworks Coworking, Aptus Value Housing, says Kotak Securities
Shrikant Chouhan, Head of Equity Research, Kotak Securities explains why the brokerage is bullish on Smartworks Coworking Spaces and Aptus Value Housing.
Smartworks appoints Rajeev Agarwal and Justice (Retd.) Dilip Deshmukh on its board
Smartworks Coworking Spaces has announced the strengthening of its Board with the appointment of Rajeev Krishnamuralilal Agarwal as an Additional Non-Executive and Independent Director of the Company, and the recommendation for the appointment of Justice (Retd.) Dilip Deshmukh as a Non-Executive and Independent Director of the Company, subject to the approval of the Company's shareholders.
Smartworks to acquire Singapore’s Workstudio Spaces
Smartworks is set to acquire Singapore-based Workstudio Spaces, expanding its footprint to 76,000 sq. ft. with over 1,500 seats. This strategic move, funded internally, will more than double the company's presence in Singapore within two years. The acquisition aims to tap into a high-demand micro-market and diversify its client base. Smartworks recently achieved profitability and significant revenue growth, demonstrating a strong financial position for continued expansion.
Managed office platform Smartworks adds 15,000 sq ft in Singapore
Managed office platform Smartworks has expanded its Singapore presence by adding 15,000 sq ft at Manulife Tower. This brings their total Singapore footprint to over 50,000 sq ft. Smartworks reported strong financial results for FY26, including significant revenue growth and profitability.
Smartworks rises after expanding Singapore footprint beyond 50,000 sq. ft.
Smartworks Coworking Spaces gained 1.23% to Rs 451.85 after the company announced the expansion of its Singapore operations with the addition of a new managed office space at Manulife Tower through its wholly owned subsidiary, Smartworks Space.
Smartworks adds new 15,000 sq. ft managed office space in Singapore
Smartworks Coworking Spaces has expanded its presence in Singapore through its wholly owned subsidiary Smartworks Space, with the addition of a new managed office space at Manulife Tower in the heart of Singapore's Central Business District (CBD).
Smartworks leases 400 seats to Japanese NBFC subsidiary in Mumbai
Managed office provider Smartworks Coworking Spaces has secured a significant deal in Mumbai. A Japanese non-banking financial company's Indian arm has leased over 400 seats for five years. This agreement is expected to bring in approximately Rs 35 crore in rental revenue. The transaction highlights the ongoing demand for flexible office solutions from financial services firms.
Flex office firms' earnings jump on strong demand, premium shift
Flexible workspace firms WeWork India, Smartworks, IndiQube, and Awfis reported robust revenue growth and improved margins in the last fiscal year. Sustained demand from global capability centers and a shift to managed offices fueled this performance.
Smartworks Coworking Spaces shares surge up to 8% after Q4 results, profit rises for second quarter
Smartworks Coworking Spaces expects 19% EBITDA growth in FY27 and also expects the FY26 revenue growth momentum of around 30% to continue in the next fiscal as well.