Dev Accelerator Limited (DEVX) has announced its June 2026 Monthly Newsletter, highlighting significant achievements and market insights. The company was honored with the 'Excellence in Co-working Startup of the Year' award at the Crafting Bharat Business Conclave & Awards 2026, recognizing its contributions to the co-working sector. In terms of expansion, DEVX has added 1.11 lakh sq ft of premium office space across two new locations in Bengaluru, adding over 1,200 seats. This expansion is situated in prominent Prestige Group addresses along the ORR corridor, a key business hub. The newsletter also discusses the evolving office market, emphasizing the 'flight to quality' trend where demand is concentrating in newer, well-amenitized, and sustainably-built offices. It contrasts the struggling US office market with India's record-breaking office leasing activity, noting that 45.5 million sq ft was leased in the first half of 2026. Furthermore, the company introduced new clients, Tatvic and Walter P Moore, at its DevX Capital One, Ahmedabad center. The newsletter also details recent events hosted at DevX centers, including an AU Bank engagement in Udaipur and International Yoga Day celebrations in Rajkot and Udaipur. The company also highlights its operational advantage, focusing on the experience of working within its spaces rather than just the physical building, which is becoming a key differentiator in the managed office model. The introduction of SM REITs in India is also discussed as a new avenue for investing in office buildings.
