Draft:Redbrick Offices

  • Comment: Please see WP:NCOMPANY and demonstrate notability accordingly. Also check revenue, is it really under 2 dollars? Hitro talk 09:47, 30 April 2026 (UTC)
Redbrick Offices
Company type
Private
IndustryCommercial Real Estate
Founded2015
FounderAyush Goenka, Ashish Goenka, Divyush Goenka, Ranjana Goenka
HeadquartersMumbai, Maharashtra, India
Area served
India
Key people
Ayush Goenka (Chairman & Managing Director)
ServicesManaged Office Solutions, Space-as-a-Service
Revenue₹115 (US$1.20) (FY 2024)[1]
Websiteredbrickoffices.com

Redbrick Offices is an Indian commercial real estate company headquartered in Mumbai. It specializes in the "Space-as-a-Service" model, providing managed office solutions to enterprise clients and Global Capability Centers (GCCs).[2]

History

While the parent Redbrick Group has operated in Indian real estate for over 45 years, the specific Redbrick Offices brand was established in 2015 to focus on the flexible workspace market. Since its inception, the company has transitioned from traditional coworking to high-density managed office portfolios for multinational corporations.[1]

Operations and Expansion

As of 2026, the company operates a portfolio exceeding 5 million square feet across major Indian metros, including Mumbai, Pune, Bangalore, and Hyderabad. The company primarily serves large-scale tenants such as Salesforce, Lenovo, and BASF.[3]

Major Transactions

  • Mumbai Acquisition (2024): Redbrick's subsidiary, Red Fox IT Infra LLP, acquired 22 commercial units in the Times Square building in Andheri for approximately ₹267.5 (US$2.80).[4]
  • Pune Expansion (2026): In March 2026, the company signed a lease for 400,000 square feet at AP4 Tech Park in Wagholi, Pune, marking one of the largest managed office transactions in the region's history.[2]

Business Model

Redbrick Offices utilizes a model funded primarily through internal accruals and conventional debt rather than venture capital. In February 2025, the company secured $28.7 million in debt funding to facilitate its target of reaching a 10 million square foot portfolio by 2028.[1]

References

  1. ^ a b c "Redbrick Offices - Company Profile". Tracxn. Retrieved April 30, 2026.
  2. ^ a b Editor (March 9, 2026). "Redbrick Offices signs 0.4 million sq ft lease at AP4 Tech Park". The Economic Times. {{cite news}}: |last1= has generic name (help)
  3. ^ "Redbrick Offices expands footprint in Pune with major lease deal". Business Standard. March 9, 2026.
  4. ^ "Redbrick Offices subsidiary buys 22 units in Mumbai". Hindustan Times. July 10, 2024.

Category:Real estate companies of India Category:Companies based in Mumbai Category:Office space

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