Indiqube Spaces has signed Rs 52 crore workspace deal with a leading Japanese e-commerce giant for around 35,000 sq. ft. at Outer Ring Road, Bengaluru over a tenure of five years. The mandate is expected to support the client’s India operations with a fully managed, enterprise-grade workplace in one of the country’s most strategic technology corridors.

The transaction comes at a time when India’s flex office market has crossed 100 million sq. ft., with enterprises increasingly adopting managed workspaces as a strategic lever for faster expansion, operational flexibility and talent access.

For IndiQube, this transaction further strengthens its position as a partner of choice for Global Capability Centers (GCCs) seeking future ready, tech enabled workspaces across India. With a diversified footprint across major business markets, GCCs constitute over 40% of its portfolio.

Indiqube Spaces is primarily engaged in the business of leasing of network of shared work spaces of fully or partly equipped premises and other related activities.