The Instant Group has joined forces with Qdesq, the leading flexible office space web platform in India, to satisfy the growing demand for flexible workspace in the country.
The partnership aims to link Instant’s global corporate network to Qdesq’s online platform for workspace in India.
Occupier demand for flexible workspace in India has increased by around 40% in the past two years, a rate of growth that makes the country one of the fastest-growing office markets in the world, according to Instant.
Established in 1999, Instant lists more than 11,000 flexible workspace centres on its web portal www.instantoffices.com, and has offices in London, Berlin, Dallas, New York, San Francisco, Hong Kong and Sydney.
Qdesq provides an online platform that allows providers of workspace across India to list their properties and connect with online users. The website Qdesq.com has developed standardised pricing models and currently lists 1,150 centres (including branded workspace and independent operators).
Tim Rodber, Instant Group chief executive, said: “The Indian market is a key strategic region for Instant, and finding a local partner that gives us better access to the country’s fast-growth flex market supports our global strategy.”
“The sheer scale of the market in India means that having a local partner is essential.”
Paras Arora, founder and chief executive of Qdesq, said: “Our company has grown quickly as India has embraced a real change in the way that people work, and technology now allows them to work in locations of their choosing.
“We recognised early on the potential of working with an established international partner, to help us continue our expansion but also to allow more global companies access to our local market in India.”
To send feedback, e-mail Louisa.Clarence-Smith@egi.co.uk or tweet @LouisaClarence or @estatesgazette
