Awfis Space Solutions Limited has informed the Exchange regarding a press release dated May 07, 2026, titled Awfis expands its footprint in Chennai, Unveils 114,000 sq. ft. of Premium Workspace.
AWFIS · price
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Awfis Space Solutions, India's largest listed flexible workspace provider, has launched two new centers in Chennai totalling approximately 114,162 sq. ft. The Olympia Crystal centre in Guindy spans ~56,360 sq. ft. across four floors, while the DLF Cyber City centre offers ~57,802 sq. ft. of chargeable area and is designated an Awfis Gold centre. With these additions, Awfis now operates 28 centres in Chennai covering ~875,000 sq. ft. total. The expansion taps into Chennai's flexible office sector which has grown 5.6x to ~8.5 million sq. ft., with Global Capability Centres (GCCs) accounting for 51% of 2025 demand. Awfis operates 200+ centres across 18 cities serving over 3,400 clients.
The expansion demonstrates strong enterprise demand and growing scale but is a routine operational update rather than a material contract or order win, so it is unlikely to have a direct stock price impact in the near term.