IndiQube Spaces leases 700 desks in Bengaluru for Rs 52 crore

Key facts

• IndiQube Spaces leased over 700 desks for five years.
• The lease is with a leading consulting and management services firm.
• The deal is located in Yelahanka, North Bengaluru.
• The total value of the lease is Rs 52 crore.
• IndiQube operates in 17 cities and manages over 9.66 million sq ft.

This deal highlights activity in the flexible workspace sector, particularly in major Indian tech hubs like Bengaluru. Such leases are crucial for co-working space providers as they indicate demand from corporate clients seeking adaptable office solutions.