Press Release dated May 07, 2026 is attached herewith
AWFIS · price
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Awfis Space Solutions, India's largest flexible workspace provider, announced the launch of two new centers in Chennai totaling approximately 114,000 sq. ft. The Olympia Crystal center in Guindy spans ~56,360 sq. ft. across four floors, while the DLF Cyber City center offers ~57,802 sq. ft. of chargeable area. With these additions, Awfis now operates 28 centers in Chennai covering ~875,000 sq. ft. The company highlighted Chennai's flexible office sector has grown 5.6x, reaching ~8.5 million sq. ft. total stock, with Global Capability Centres (GCCs) driving 51% of demand in 2025. Awfis operates 200+ centers across 18 cities serving 3,400+ organizations.
The expansion signals growing enterprise demand for flexible workspaces but does not contain any specific financial guidance, major contract wins, or revenue-impacting events that would directly affect stock valuation in the near term.