WeWork India bets on demand as premium office supply tightens

WeWork India targets growth amid tight premium office supply in India.

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Oct 28, 2026

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WeWork India bets on demand as premium office supply tightens

WeWork India targets growth amid tight premium office supply in India.

In brief

WeWork India targets growth amid tight premium office supply in India. WeWork India's September results show 31.6% revenue growth to ₹768.7 crore as premium office supply tightens. Originally reported by mint.

WeWork India CFO on office supply

WeWork India's CFO Clifford Lobo says Grade A office availability in India's eight largest cities will remain limited over the next two years.

“There is very limited capacity becoming available, at least over the next couple of years”

WeWork India September results

WeWork India's September-quarter revenue rose 31.6% year-on-year to ₹768.7 crore with Ebitda up 37.6% to ₹162.9 crore.

WeWork India's growth strategy

WeWork India added 11,700 desks in September quarter, its largest quarterly capacity addition.

WeWork India's first-half performance

WeWork India's first-half revenue increased 30.1% to ₹1,466.7 crore with net profit climbing 149.5% to ₹119 crore.

WeWork India's occupancy rates

WeWork India's portfolio occupancy stands at 83.7% with mature centres at 87.7%.

Flexible workspaces gain market share

Flex operators account for 24% of leasing across top seven cities in India's first half of 2026.

Office sector absorption

India's office sector recorded highest-ever half-yearly absorption of 45.5 mn sq ft in Q2 2026.

GCCs drive growth

WeWork India's GCCs contribute 40.8% of core revenue in September quarter.

WeWork India's demand strategy

WeWork India focuses on growing wallet share through services and higher revenue per desk.

“It's not enough to grow revenue just by adding more desks and we have to figure out a way to grow the wallet share”

The headline

WeWork India's September results show 31.6% revenue growth to ₹768.7 crore as premium office supply tightens.

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