Smartworks Expands in Singapore with New 15,000 sq. ft. Space at Manulife Tower; Total Footprint Crosses 50,000 sq. ft.

Smartworks Expands in Singapore with New 15,000 sq. ft. Space at Manulife Tower; Total Footprint Crosses 50,000 sq. ft.​

Smartworks Coworking Spaces Limited, India’s largest managed office platform by area under management, has significantly expanded its presence in Singapore. The company announced the addition of a new managed office space at the highly strategic Manulife Tower in Singapore's Central Business District (CBD), bringing its total footprint in the city-state to over 50,000 sq. ft.

This expansion is handled through the wholly owned subsidiary, Smartworks Space Pte Ltd. The newly added fully serviced office space covers more than 15,000 sq. ft. within the Manulife Tower. This building holds both LEED Gold and Green Mark Gold certifications and was designed to cater to diverse enterprises, ranging from high-growth businesses to Fortune 500 companies and Global Capability Centres (GCCs).

The office space is strategically located above the Telok Ayer MRT station and is a five-minute walk from Raffles Place MRT. The location provides members easy access to nearby dining options, retail outlets, and wellness facilities, including gyms and fitness studios.

Commenting on the expansion, Neetish Sarda, Founder & Managing Director of Smartworks, stated that Singapore remains a strategic priority for the company. He noted that the market demand for fully serviced workspace continues to grow strongly in Asia's premier business hub. "Manulife Tower is a landmark address in the heart of the CBD, and this expansion reflects our conviction that forward-looking enterprises deserve workspaces that match their ambitions," Sarda said.

The new center at Manulife Tower offers Smartworks’ signature managed workspace experience, which includes bespoke design and fit-out, ergonomic furnishings, dedicated collaboration zones, and private meeting suites. This addition enhances Smartworks' portfolio in Singapore, which also features existing spaces located at Great Eastern Centre on Pickering Street and Keppel Bay Tower at HarbourFront Avenue.

Corporate Growth and Financial Milestones​

The Singapore expansion is part of a broader growth trajectory for the company. Smartworks recently released its FY26 results—its first financial year as a listed company—which demonstrated strong performance. The company reported record revenue of ₹1,796 crore, marking a 31% year-on-year increase, alongside achieving its first full year of reported Profit After Tax (PAT) profitability.

Operationally, Smartworks also achieved the milestone of crossing 10 million square feet across its operational portfolio, making it the first listed flexible workspace operator in India to do so.

As of March 31, 2026, Smartworks maintains a substantial footprint across India and Singapore. The company is cited as India's largest managed office platform by total area under management, with a footprint totaling approximately 16.1 million square feet spanning 66 centers in 15 cities across India and Singapore.

Smartworks partners with developers to convert large, bare-shell assets into fully managed, enterprise-grade campuses. The company serves mid-to-large enterprises and maintains a client base of over 770 clients, which includes GCCs, MNCs, Forbes 2000 names, Fortune 500 companies, and high-growth Indian businesses.

Smartworks remains the only homegrown and listed flexible workspace provider from India with an international presence.

SMARTWORKS Stock Price Movement​

On Friday, shares of Smartworks Coworking Spaces Limited climbed to close at ₹446.35, edging higher after the stock gained 1.28%. The company's trading activity included a total volume of 16,985 shares during the session.