Innov8 ventures into managed office space domain
OYO-owned Innov8 has ventured into the managed office space sector by launching a new vertical focused on this market. The firm plans to add 4 million square feet of managed office space in India over the next 3 years.
The decision is backed by an investment of INR 50 crore for developing the new infrastructure. Innov8 highlighted its commitment to constructing Grade A buildings that feature premium infrastructure and amenities. As of now, the firm offers premium coworking spaces in nine cities, including Delhi NCR, Mumbai, Pune, Chennai, Bangalore, Ahmedabad, Hyderabad, and Indore.
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