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Workspace Expansion Alert: Nukleus Inks LOI for Prime Delhi Sub-Licensing Deal

Updated: July 03, 2025 17:41

Image Source: Alice Blue
Nukleus Office Solutions Ltd has executed a Letter of Intent (LOI) with R Cube Projects Pvt Ltd and Spirit Infrastructure Pvt Ltd to sub-license premium commercial office space in New Delhi. The move aligns with Nukleus’s aggressive expansion strategy across the NCR region, reinforcing its leadership in the co-working and managed office space segment.
 
Key Highlights:
  • Strategic Tie-Up: The LOI formalizes Nukleus’s intent to sub-license office space from R Cube and Spirit Infrastructure, both known for high-grade commercial developments in Delhi.
  • Location Advantage: The targeted properties are located in prime business districts, offering high footfall, metro connectivity, and proximity to corporate hubs.
  • Portfolio Boost: This deal adds to Nukleus’s growing footprint, which already includes 7 flexible workspace centers and 4 managed offices with over 2,750 seats and 88.48% occupancy as of July 2024.
  • Operational Impact: The sub-licensed space will be integrated into Nukleus’s serviced office portfolio, offering plug-and-play solutions for startups, SMEs, and enterprise clients.
  • Growth Strategy: The company aims to scale its presence in Tier-1 cities by leveraging asset-light models and strategic partnerships, reducing capex while expanding reach.
  • Investor Sentiment: Following its ₹31.7 crore IPO earlier this year, Nukleus continues to deliver on its promise of rapid expansion and tech-enabled workspace solutions.
This LOI marks another step in Nukleus’s mission to redefine flexible workspaces in India’s capital.
 
Source: BSE India, Screener.in, Nukleus Corporate Filings

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