Growth of Flexible Office Space
The Flex office sector has gained strategic importance with a growth of almost 7x since 2016. This unprecedented growth in the sector has also attracted multiple players trying to make a mark. For any large landlord, flex offices prove to be a key amenity and provide solutions for companies which are unable to sign conventional leases. Going forward, “Core + Flex” strategy will allow companies to continue growth in conventional lease format while offering flex spaces in decentralized location, enabling de-densification and more collaborative spaces.
Quaiser Parvez
CEO, Nucleus Office Parks
Quaiser Parvez is the CEO for Nucleus Office Parks, the operating platform for fully owned Blackstone offices in India. Nucleus Office Parks currently manages 20 Mn Sq ft of Grade A assets across Mumbai, Bangalore, Chennai and NCR.
Prior to Nucleus Office Parks, Quaiser has held key positions managing business operations, development and service & support. He has worked with CBRE & JLL in their Capital Markets group and involved in multiple assignments of asset dispositions, project feasibility and investor services.
Before being in Real Estate, Quaiser spent few years with GE Capital & Gallagher India in operations and overseeing offshore delivery centre.
Other Articles
Introduction: New Opportunities in Emerging Sectors
Sigrid Zialcita
CEO
Asia Pacific Real Assets Association
New Opportunities in Emerging Sectors
Shobhit Agarwal
MD & CEO
ANAROCK Capital Advisors