IndiQube Signs Landmark Leasing Deal in Pune

IndiQube Spaces Ltd has leased 1,140 desks at its Pune co-working center to a foreign firm, anticipating a rental income of Rs 54 crore over five years. This significant agreement marks IndiQube's growing presence, with operations in 17 cities and over 9.55 million sq ft under management.

IndiQube Spaces Ltd has entered into a significant leasing deal with a foreign firm at its co-working center in Pune, highlighting its strategic business expansion.

The company announced in a regulatory filing that it expects to generate Rs 54 crore in rental income over five years from this arrangement, which involves 1,140 desks at IndiQube Orchid.

Having already established itself in 17 cities with more than 9.55 million square feet under management, IndiQube's latest move underscores its rapid growth in the co-working sector.

(With inputs from agencies.)