Smartworks, India’s largest managed office platform by area under management, has expanded its presence in Singapore through its wholly owned subsidiary, Smartworks Space Pte Ltd, with the launch of a new managed office facility at Manulife Tower in the city’s Central Business District (CBD).
With the addition of the new centre, Smartworks’ total footprint in Singapore has crossed 50,000 sq. ft., strengthening its presence in one of Asia’s leading business hubs.
New facility
The fully serviced workspace spans more than 15,000 sq. ft. within Manulife Tower, a LEED Gold and Green Mark Gold certified building. The facility is designed to cater to a wide range of occupiers, including high-growth enterprises, multinational corporations and Global Capability Centres (GCCs).
Located above Telok Ayer MRT station and within walking distance of Raffles Place MRT, the facility offers convenient access to commercial, retail and lifestyle amenities.
Growth strategy
“Singapore has always been a strategic priority for Smartworks — a gateway to Asia’s most dynamic business community and a market where demand for fully serviced workspaces continues to grow strongly,” said Smartworks Founder and Managing Director Neetish Sarda.
“Manulife Tower is a landmark address in the heart of the CBD, and this expansion reflects our conviction that forward-looking enterprises deserve workspaces that match their ambitions. Singapore’s position as Asia’s premier business hub, combined with the continued growth of GCCs and multinational enterprises deepening their regional presence, gives us strong confidence in the market’s trajectory,” he added.
International presence
Smartworks said it remains the only homegrown and listed flexible workspace provider from India with an international presence.
The Singapore expansion forms part of the company’s broader growth plans. During the year, Smartworks became the first listed flexible workspace operator in India to cross 10 million sq. ft. of operational portfolio.