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Smartworks, a leading flexible workspace company, has leased 470,000 square feet in DLF City-V in Gurugram, its fourth managed campus in the city. The move comes as part of the company's strategy to cater to the increasing demand for fully managed and serviced campuses, providing customized office solutions with state-of-the-art amenities.

The new campus is placed strategically on Golf Course Road, offering great connectivity through Gurgaon's Rapid Metro Line, Gurgaon-Faridabad Road, Southern Peripheral Road, and NH-8. The location is also well-provided with facilities like shopping malls, restaurants, schools, and healthcare facilities, making it more attractive to potential customers.

This substantial lease deal reflects Smartworks' determination to cater to the growing demand for serviced and fully managed campuses. With this acquisition of prime office space in a prominent business district, the firm expects to improve productivity and facilitate growth in a professional and dynamic workplace.

In short, Smartworks' big Gurugram lease not only increases its operating presence but also strategically supports its future plans to go for an IPO. This action signifies the company's initiative in embracing opportunities in the marketplace and affirming its role as a marketplace leader in the shared workspace market.