WeWork India has agreed with Panchshil Realty to lease 92,000 sq. ft. office space in the developer’s new project Eleven West in Pune’s Baner locality.
This is WeWork India’s third transaction with the developer and the co-working player is also partnering with Panchshil Realty for one more asset – Golden Bell, as part of its efforts to expand its footprint in the city.
“This collaboration builds on our long-standing relationship with Panchshil Realty… Pune has emerged as one of the prominent cities for businesses seeking top-quality real estate. We look forward to expanding our footprint in the city,” said Arnav S. Gusain, Head of Real Estate & Product, WeWork India.
Since entering the Indian market in 2017, WeWork India has signed over 6.5 million sq ft of office assets across 44 locations in NCR, Mumbai, Bengaluru, Pune, and Hyderabad.