Bhutani Gp leases space to WeWork India

Gurugram, May 11, 2022 – Flexible workspace provider, WeWork India and real estate developer Bhutani Group, on Wednesday announced their long-term partnership wherein WeWork will take up entire tower comprising of 25 leasable floors at Bhutani Alphathum, in Noida. The Alphathum x WeWork partnership is one of the largest commercial real estate transactions facilitated by advisory firm Colliers.

Set to open in Q4 2022, WeWork Alphathum will be spread over an area of 660K+ square feet and will house over 8,500 desks over multiple phases driven by demand to offer a spectrum of flexible workspace solutions. The partnership brings together WeWork India’s innovative flexible workspace solutions and Bhutani Group’s futuristic business destinations, creating enhanced solutions that cater to the evolving nature of work and workspaces.

Ashish Bhutani, Chief Executive Officer, Bhutani Group commented, “We welcome WeWork at Bhutani Alphathum and are committed in providing them with the highest quality of services. We look forward to a long-term mutually beneficial association which will be significant with respect to vibrant business activities and participation from prospective business communities.”

Arnav S. Gusain, Head of Real Estate, Product and Procurement, WeWork India said, “We are delighted to partner with a pioneer like the Bhutani Group and expand our network in Noida through Bhutani Alphathum. We would also like to thank our partner, Colliers who played an instrumental role in helping us secure our largest expansion deal till date.”

Bhupindra Singh, Managing Director, North India at Colliers added, “Wework, One of India’s largest co-working players caters to a diverse mix of clients providing them with flexible workspace solutions. Now expanding their footprint in Bhutani Group’s Alphathum, WeWork will establish a strong presence along Noida–Greater Noida Expressway.”

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