Smartworks Doubles Singapore Footprint with Strategic WorkStudio Acquisition, Adding 26,000 Sq Ft

Smartworks Coworking Spaces Limited has strengthened its international presence by expanding its operations in Singapore through a strategic acquisition. The company announced that its wholly owned subsidiary, Smartworks Space Pte. Ltd., has successfully acquired WorkStudio Spaces Pte. Ltd., adding approximately 26,000 square feet of managed office space to its global portfolio.

The acquisition, completed on July 6, 2026, marks another important milestone in Smartworks’ international growth strategy and reinforces its focus on expanding in key business hubs across Asia.

Singapore Footprint More Than Doubles

With the addition of WorkStudio Spaces, Smartworks has significantly increased its presence in Singapore.

Following the acquisition, the company’s portfolio in the city-state has grown to four operational centres with a combined area of approximately 76,000 square feet. This expansion means Smartworks has more than doubled its Singapore footprint over the past two years.

Singapore remains one of Asia’s leading financial and commercial centres, making it an attractive market for managed office and flexible workspace providers serving multinational companies and enterprise customers.

Strengthening Presence in a Key Business Hub

The acquisition is expected to enhance Smartworks’ ability to cater to the growing demand for premium managed office spaces in Singapore. By expanding its capacity, the company can serve a larger number of enterprise clients looking for flexible workplace solutions in one of Asia’s most important business destinations.

The move also supports Smartworks’ broader strategy of strengthening its presence across international markets while building a diversified portfolio beyond India.

Building on a Strong Operational Base

Smartworks has established itself as one of the leading managed workspace providers with an operational portfolio exceeding 10 million square feet. As of March 2026, the company reported an occupancy utilization rate of around 82%, reflecting strong demand across its existing centres.

The expansion in Singapore builds on this operational strength and demonstrates the company’s focus on scaling its business through strategic acquisitions and capacity additions in high-growth markets.