Godrej plans to foray into co-working spaces through fund management arm

The Godrej group is foraying into co-working spaces through its fund management arm Godrej Fund Management (GFM). The real estate private equity arm of the group plans to set up its own brand of co-working spaces in its office properties to tap the future demand for such spaces.

Though the co-working segment was hit hard during the pandemic, the demand for such spaces is expected to grow in the coming quarters as corporates and individuals look to save on property costs, said consultants. “We are exploring co-working spaces in our office properties. We will use our own …