Microsoft India has increased its portfolio of office space in a deal to lease two offices for a total of 5000 sq ft of spacein Mumbai and Bangalore . Unusually for the co - workspace industry , the leases are for an initial term of 10 years , with an option to extend to 20 years . The company typically takes leases for between five and nine years . WeWork India , which launched in July 2017 , currently has 100 offices across 11 centres , and has been aggressively acquiring properties as it seeks to expand its portfolio to 20 centres by the end of this year .
WeWork India has increased its portfolio of office space in a deal to lease four offices for a total of 500,000 sq ft of spacein Mumbai and Bangalore. Unusually for the co-workspace operator, the leases are for an initial term of 10 years, with an option to extend to 20 years. The company typically takes leases for between three and nine years. WeWork India, which launched in July 2017, currently has 15,000 desks across 11 centres, and has been aggressively acquiring properties as it seeks to expand its portfolio to 20 centres by the end of this year.