Smartworks Coworking Spaces Limited — JV/Acquisition, 25-06-2026: Acquisition

Smartworks Coworking Spaces is set to acquire 100% of WorkStudio Spaces Pte. Ltd., a Singapore-based flex space provider. This strategic move aims to significantly boost Smartworks' international footprint, specifically in Singapore. The acquisition will double its portfolio in Singapore to four centers, encompassing approximately 76,000 sq. ft., enhancing market presence and ability to serve enterprise clients. WorkStudio reported INR 5.09 Crores in turnover since its incorporation to March 2026. This expansion underpins Smartworks' long-term growth strategy in Asia.