Prime Offices Fund Enters Pune with ₹1,000 Crore Grade A Office Acquisition
- Industry News
- March 11, 2026

Prime Offices Fund has acquired a 1.1 million sq ft Grade A office asset in Pune’s Kharadi for nearly ₹1,000 crore. The joint venture deal expands the fund’s footprint to three cities, taking its total portfolio to 3.8 million sq ft and reinforcing its institutional office investment strategy.
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MetLife has leased 58,290 sq ft at Oxygen Business Park, Noida, strengthening its GCC footprint in NCR. The deal follows large office transactions by EY GDS, IBM, and Eternal Ltd. Stable rentals near ₹56–57 per sq ft and structured escalations highlight sustained demand for Grade A office space.
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Blackstone and Bagmane Group-backed Bagmane Prime Office REIT has named Richard Hugh Andrew as CEO ahead of its proposed ₹4,000-crore listing. With 20 million sq ft in Bengaluru, 98% occupancy, and strong GCC-led demand, the platform could become India’s sixth listed REIT, deepening institutional participation in commercial real estate.
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India’s flexible workspace sector has grown rapidly, expanding from 34 million sq. ft. in 2019 to nearly 100 million sq. ft. in 2025, according to JM Financial. The brokerage has initiated ‘buy’ ratings on WeWork India, Smartworks, and IndiQube, citing strong enterprise demand, rising GCC activity, and scalable managed office platforms.
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Bengaluru achieved a record 24.1 million sq ft of office leasing in 2025, led by tech firms, GCC expansions, and flexible workspace operators. Despite 12 million sq ft of new supply, vacancy fell to 10.5%. Rents rose 6.6%, and capital values climbed 8.6%, reflecting strong occupier and investor confidence.

Office-as-a-Service (OaaS) is transforming corporate real estate, enabling firms like HSBC, Google, and PwC to adopt flexible, tech-enabled workspaces. By supporting hybrid work, optimising costs, and enhancing the employee experience, OaaS transforms offices from static assets into strategic platforms, helping large corporates scale efficiently, improve productivity, and future-proof workplace strategies.

India’s office market is rapidly shifting toward managed offices as companies prioritize speed, flexibility, and private workspaces. This blog examines the key trends driving the shift and highlights the top managed office providers in India for 2026, helping startups and enterprises choose the right partner for scalable, efficient expansion.

This guide compares managed and traditional office models for GCCs and global banks, examining cost efficiency, scalability, and flexibility in a hybrid work environment. It discusses pros and cons, industry trends, and offers recommendations for selecting the best workspace solution based on organisational growth, compliance, and employee needs.













This article breaks down the biggest leadership mistakes managers make in remote teams, such as mistaking visibility for productivity, overwhelming communication, unclear expectations, and more. It reveals why these errors silently damage morale and performance, and offers practical strategies to build trust, clarity, and connection in high-performing remote teams.

This article explores how CSR in India is shifting from cheque-writing to community-building, using MyBranch flexspaces as engines of impact. It highlights local hiring, women-led centres, skilling initiatives, and tech-enabled inclusion—showing how purpose and profit can grow together when workspaces become catalysts for neighbourhood transformation.

In 2026, choosing between managed and traditional offices is a serious strategic decision for enterprises and GCCs. To set the context for this comparison, this article unpacks real cost comparisons, deployment timelines, ESG trends, scalability, and hybrid models, clarifying how each workspace approach can strengthen agility, preserve capital, and support sustainable long-term business growth.

This guide explores the top coworking spaces in India for startups in 2026, highlighting why flexible, tech-enabled workplaces have become essential for fast-growing teams. It covers leading operators, their strengths, key amenities, and how founders can choose the right workspace to support agility, productivity, compliance, and long-term scaling without costly commitments.