WeWork India, a leading provider of flexible workspaces, has announced the appointment of Janak Malkani as the Head of Managed Office for India. Additionally, Malkani will lead Sales for the West region, leveraging his market insights and extensive experience to elevate WeWork India's Managed Office offerings.
Malkani, who joins from CBRE where he served as Executive Director of Advisory & Transaction Services in Mumbai, brings an impressive 18-year background in Indian real estate. His career includes significant roles at Cushman & Wakefield, Knight Frank, and Indiaproperties.com. Malkani has played pivotal roles in the India expansion plans of major international retailers like Walmart and DeBeers, showcasing his ability to foster trust and achieve results.
Commenting on the appointment, Karan Virwani, CEO of WeWork India, stated, "We are thrilled to have Janak join our team. As we work towards developing a comprehensive solution platform at WeWork India, our Managed Office vertical is gaining momentum, offering businesses a complete approach to office space management. Janak's extensive experience and proven track record position us to lead the industry in delivering innovative and efficient workspace solutions. We anticipate his significant role in driving growth within our Managed Office business, propelling the future of work”.
The flexible workspace sector has seen approximately 20% year-over-year growth over the past three years, with 60% of this driven by large enterprises and traditional businesses seeking comprehensive office space management solutions to focus on their core operations. Currently, over one-third of WeWork India's business comes from the Managed Office portfolio, which spans over 2 million square feet and serves enterprise clients such as AstraZeneca and Kantar. Malkani’s appointment comes as WeWork India strengthens its commitment to providing end-to-end flexible workspace solutions for businesses of all sizes.
Malkani expressed his enthusiasm for his new role, saying, "WeWork India is a pioneer in the flexible workspace industry, and I am excited to join as the Head of Managed Office for India. WeWork India's innovative and comprehensive workspace solutions are unmatched in the market, with strong demand for their Managed Office offering. I look forward to leading efforts to set new standards in the industry and positioning WeWork India as a leader in the Managed Office segment. Together, we will create dynamic work environments that exceed the evolving needs of businesses across India”.
This appointment is another step in strengthening WeWork India's leadership and accelerating its growth. The company recently expanded to Chennai, marking its 55th building, and continues its city-wide expansion, reinforcing its reliability as a brand and its commitment to building robust relationships with landlords, IPCs, and members. Offering solutions for all types of businesses from solopreneurs to startups to Fortune 500 companies WeWork India remains at the forefront of the flexible workspace industry.