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 Bangalore and Bangalore . Unusually for the co-workspace operator, the leases are for an initial term of July 2017 , with an option to extend to between three and nine years . The space was leased across four locations in two major property markets of Mumbai Metropolitan Region and Bangalore pushing its total portfolio to nearly 2 million sq ft. The company typically takes leases for between three and nine years . WeWork India , which launched in the end of this year , currently has 500,000 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 .
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 Bangalore and Bangalore . Unusually for the co-workspace operator, the leases are for an initial term of July 2017 , with an option to extend to between three and nine years . The company typically takes leases for between three and nine years . WeWork India , which launched in the end of this year , currently has 500,000 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 .