Smartworks Leases 166,000 Sq. Ft to Wolters Kluwer in Pune

Smartworks has leased 166,000 sq. ft to Wolters Kluwer in Pune, highlighting its focus on large enterprise clients. The managed workspace provider reported a 21% year-on-year revenue growth to Rs 424 crore in Q2FY26, while also reducing its gross debt by nearly 45% since its IPO.
Gurugram, November 17, 2025: Managed workspace provider Smartworks has leased 166,000 sq. ft to Wolters Kluwer, a global leader in information, software solutions and services for professionals in Kalyani Nagar, one of Pune’s key micro-markets. The Marisoft campus in Pune is located in a commercial cluster and has tech-enabled workplace infrastructure as part of Smartworks’ campus-led managed office model.
“The 1,000+ seats cohort, which accounted for about 12% of our rental revenue three years ago, has now almost tripled to 35%, driven by our focus on large, enterprise clients and their need for consolidated, experience-led work environments,” said Neetish Sarda, Founder and Managing Director, Smartworks.