Awfis Space Solutions Partners with Nyati Group for Largest Managed Aggregation Deal in Pune

Awfis Space Solutions signs largest managed aggregation deal of 3 lakh square feet with Nyati Group, a leading real estate developer in Pune, West India.

Awfis Space SolutionsNyati GroupCoworking SpacePuneReal EstateReal Estate PuneAug 27, 2024

Awfis Space Solutions Partners with Nyati Group for Largest Managed Aggregation Deal in Pune
Real Estate Pune:Awfis Space Solutions Ltd, a co-working space operator, has partnered with Nyati Group, a leading real estate developer in Pune, West India, for an additional 3 lakh square feet of Grade-A workspace. This alliance is the largest under the Managed Aggregation (MA) Model, enhancing Awfis's current MA model portfolio and significantly expanding its presence in Pune.

With this addition, Awfis now has a total of half a million square feet, Grade-A flexible workspace with the Nyati Group. This association strengthens the partnership and accelerates growth and innovation in Pune's business ecosystem.

Through this partnership, Awfis will introduce premium flexible workspaces in Nyati Group's prime commercial properties of Nyati Empress in Viman Nagar and Nyati Enthral in Kharadi. This successful collaboration will add 1,67,206 square feet built up of highly sought-after offices in these two thriving business districts.

Frequently Asked Questions

What is the size of the managed aggregation deal between Awfis Space Solutions and Nyati Group?

The deal is for 3 lakh square feet of Grade-A workspace.

What is the impact of this partnership on Awfis Space Solutions' presence in Pune?

This partnership significantly expands Awfis Space Solutions' presence in Pune, with a total of half a million square feet, Grade-A flexible workspace.

What type of workspaces will Awfis Space Solutions introduce in Nyati Group's properties?

Awfis Space Solutions will introduce premium flexible workspaces in Nyati Group's prime commercial properties.

Who are the key leaders involved in this partnership?

Amit Ramani, Chairman and Managing Director, of Awfis Space Solutions, and Dr. Nitin Nyati, Chairman and Managing Director of Nyati Group.

What is the stock performance of Awfis Space Solutions Ltd?

Shares of Awfis Space Solutions Ltd ended at ₹767.95, down by ₹23.95, or 3.02% on the BSE.

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