IWG is in negotiations with developers over a 60,000 sq ft property in Hyderabad’s Hitec City for its Spaces brand, which it hopes to secure by the end of this year. The company has also signed up to open an office at the new Hyderabad International Airport Terminal 3 (IAT3) and plans to expand into other cities across India. Globally, it has plans to spend about 230 million pound (about Rs 2,163 crore) in expanding its operations. The Spaces locations are designed to appeal to millennials and are larger than conventional workspace sites, according to country manager Harsh Lambah.
IWG is in negotiations with developers over a 60,000 sq ft property in Hyderabad’s Hitec City for its Spaces brand, which it hopes to secure by the end of this year. The company has also signed up to open an office at the new Hyderabad International Airport Terminal 3 (IAT3) and plans to expand into other cities across India. The Spaces locations are designed to appeal to millennials and are larger than conventional workspace sites, according to country manager Harsh Lambah.