With this addition, the company’s total footprint in Singapore grows to over 50,000 sq. ft.
“Singapore’s position as Asia’s premier business hub, combined with the continued growth of GCCs and multinational enterprises deepening their regional presence, gives us strong confidence in the market’s trajectory,” said Neetish Sarda, Founder & Managing Director, Smartworks.
Smartworks’ Singapore portfolio includes existing spaces at Great Eastern Centre on Pickering Street and Keppel Bay Tower at HarbourFront Avenue.
Also read | Indian telecom’s next big war could be set off by connected cars
Smartworks reported Rs 1,796 crore revenue in 2025-26, an increase of 31%.
Smartworks became the first listed flexible workspace platform in India to cross 10 million square feet of operational area and delivered its first full year of reported PAT profitability of Rs 11 crore versus a loss of Rs 63 crore in FY25, and crossed contracted rental revenue of Rs 5,200 crore.Company’s total footprint crosses 16.1 million sq ft across 66 centres in 15 cities (including Singapore), up 37% YoY.
Also read | India introduces PPI, begins the shift away from WPI
Smartworks ended FY26 net-debt-negative, with cash and bank balances exceeding gross debt – confirming a capital structure that funds expansion entirely through internal accruals.
Gross debt has been reduced by more than 50% since the Company’s IPO in July 2025.