WeWork India Hires Janak Malkani for Office Growth

WeWork India Hires Janak Malkani for Office Growth

Three points you will get to know in this article:

  • Janak Malkani appointed Head of Managed Office for WeWork India with 18 years of real estate experience.
  • WeWork India reshapes work with Malkani leading Managed Office growth.
  • Indian flexible workspace industry grows 20% annually with major clients driving WeWork.

Janak Malkani's Appointment as Head of Managed Office at WeWork India

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WeWork India, a prominent provider of flexible workspaces, has appointed Janak Malkani as the Head of Managed Office for India. In addition to overseeing managed office operations, Malkani will assume responsibility for sales in the West region. Boasting an impressive 18-year tenure in the Indian real estate sector, Malkani brings extensive expertise to WeWork India. His career highlights include serving as Executive Director at CBRE’s Advisory & Transaction Services in Mumbai, and holding key roles at Cushman & Wakefield, Knight Frank, and Indiaproperties.com. Malkani has played a pivotal role in shaping the expansion strategies in India for global retail giants such as Walmart and DeBeers.

Karan Virwani's Welcome and Vision for WeWork India

Karan Virwani, CEO of WeWork India, enthusiastically welcomed Janak Malkani to their team, highlighting their commitment to developing a comprehensive platform for office solutions. He emphasized the momentum of their Managed Office vertical, which promises businesses a holistic approach to office space management.

Virwani expressed confidence in Malkani’s extensive experience and track record, foreseeing their leadership in delivering innovative workspace solutions. He emphasized Malkani’s role in driving growth within their Managed Office business, marking a pivotal step in shaping the future of work at WeWork India.

Driving Growth in Managed Office Business at WeWork India

The flexible workspace sector in India has seen remarkable growth, with an annual increase of around 20% over the past three years. This expansion is primarily fueled by large corporations and traditional businesses, which contribute to 60% of the market’s growth. Companies are increasingly opting for holistic office space management solutions, allowing them to concentrate on their core offerings. Presently, more than one-third of WeWork India’s business is derived from its Managed Office portfolio, spanning over 2 million square feet and catering to enterprise clients like AstraZeneca and Kantar.

Malkani's Vision for WeWork India's Managed Office Segment

“WeWork India stands at the forefront of the flexible workspace sector, and I am thrilled to join them as the Head of Managed Office for India. The innovative and comprehensive workspace solutions provided by WeWork India are unrivaled, driving significant demand for their Managed Office services across various markets,” stated Janak Malkani. “I am enthusiastic about spearheading initiatives to establish new benchmarks in the industry, aiming to position WeWork India as the leading provider in the Managed Office segment nationwide. Together, our goal is to cultivate dynamic work environments that not only meet but exceed the evolving demands of businesses throughout India,” Malkani emphasized.

 

WeWork India has appointed Janak Malkani as the Head of Managed Office for India, marking a significant move in their commitment to revolutionizing workspace solutions. Malkani’s vast experience in the real estate sector, including key roles at CBRE and Cushman & Wakefield, unveils a new era for WeWork’s Managed Office vertical. With a focus on driving growth and innovation, WeWork India aims to lead the industry by providing unrivaled office management solutions tailored to meet the dynamic needs of businesses nationwide. Janak Malkani’s leadership heralds a promising future for WeWork India, solidifying their position as a leading provider in the flexible workspace sector.

Neha Kamath

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