Bangalore, November 09, 2021: Coworking space provider, 315Work Avenue has signed up 300 seats with Operative, a global advertising management software company. According to a press release issued by the company, this space is part of a 30,000 sq.ft. workspace of 315Work Avenue at the World Trade Center (WTC), Pune, at Kharadi. Operative recently also signed 300 seats workspace in Bengaluru , totalling to 600 seats now.
315Work Avenue currently manages around 20,000 seats spread over 1 million sqft office space across 20 centres located in prime business hubs in Bengaluru, Mumbai & Pune. The company also plans to add another 5 lakh sqft office space over a period of six months.
Commenting on the new development, Manas Mehrotra, Founder, 315Work Avenue said, “We are excited on our association with Operative which is a clear indication that hybrid is the new trend in which lot of companies are looking forward to take up workspace. As the concept of work from anywhere is far more prevalent and widespread today, flexible workspaces offer a great office experience which can boost productivity and cut travel time of employees.”
Lorne Brown, CEO, Operative, said, “Keeping in mind the rapidly evolving dynamics around the concept of the workplace, this arrangement offers convenience and flexibility to our employees in a contemporary and safe environment. We are extremely pleased with the 300-seatwork space in Bangalore which was custom crafted by 315Work Avenue based on our design requirements, and we now look forward to a similar experience in Pune as well. Operative plans to expand its best-in-class development team within the new space, focusing on delivering leading technical solutions to the world’s largest media companies.”
Nitin Lahoti, MRICS, Executive Vice President – Corporate Solutions, Panchshil Realty said, “World Trade Centre (WTC) Pune is the definitive address for leading international businesses with a presence in Pune. We are delighted to welcome 315Work Avenue to WTC Pune and look forward to a long and successful association with them.”
As per a recent report by Cushman and Wakefield, leasing of flexible workspace by corporates rose 73 per cent during January-June period on a year-on-year basis, signalling the continued demand for co-working spaces in the current scenario.
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