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Nukleus Office Solutions has signed a Letter of Intent with Qdesq Realtech Private Limited to open a new co-working centre under the 'Nukleus' brand at Udyog Vihar, Phase V, Gurgaon. The facility will have a built-up area of 22,075 sq. ft. across basement to third floor plus terrace, on 689.91 sq. mtrs. of land, designated for IT/ITES activities. This is the fourth centre in the Nukleus network. The arrangement is a revenue-sharing and brand licensing model with an adjustable working capital advance, and the agreement will run for 5 years once the final agreement is signed. The transaction is not a related-party deal and requires no government approvals.
This is a modest network expansion for Nukleus, adding its fourth co-working centre in a prime Gurgaon business hub. For shareholders, it signals continued growth in the flexible workspace segment, though the financial impact is not quantified and is unlikely to be material in the near term.