Brigade Group announced expansion plans for its managed office brand, BuzzWorks, today. Brigade currently has 2400 seats with around 99.5% occupancy in various BuzzWorks locations across the country.
Nirupa Shankar, Joint Managing Director, Brigade Enterprises Ltd. said, “We had conceptualised BuzzWorks as a value-added service for our office occupiers who were looking for flexible office space. The objective was to provide our tenants with a one-stop-shop solution for all their requirements. Prior to Covid, the flexible office space market absorbed only 5-7% of the total office take up. However, in this post Covid era, 25% of the office leased market is taken by managed office / flexible office players. We will be more than doubling the number seats we have this year due to the increased demand.”
Brigade’s latest offering, BuzzWorks at Brigade Tech Park, Whitefield, will have 750 seats. It is located at one of Bengaluru’s major micro markets and comes with a host of amenities including a gymnasium, swimming pool and library. The building also uses eco-friendly materials for wall décor, ample open, green area within the building and natural lights to provide the users with a serene environment to work, the statement said.
The BuzzWorks managed office spaces are designed in a plug-and-play model thereby reducing the overall costs. Combining biophilic design and clever management, the spaces are optimised for collaborative work regardless of the size of the team with ample break-out spaces within the facility, it also includes recreational facilities and an option of expanding within the Brigade building when the size of the team grows. All BuzzWorks spaces are located where there’s an ample talent pool and are easily accessible and inclusive. In FY24 BuzzWorks will add seats in Bangalore, Kochi, Chennai and GIFT City, according to the statement.
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