Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Volkswagen Group Technology Solutions India has leased 1.23 lakh sq. ft. in Pune’s Embassy Tech Zone to expand its operations. The five-year lease includes a four-month rent-free fit-out period. This reflects Volkswagen’s commitment to India amid the growing demand for office space driven by global capability centres (GCCs) nationwide.
READ MOREEmbassy REIT has signed an 8 lakh sq. ft. lease with the Commonwealth Bank of Australia (CBA) in Bengaluru, marking a significant expansion of CBA’s operations in India. This deal reinforces Bengaluru’s status as a key business hub and highlights Embassy REIT’s role in the premium office space market.
READ MORECiena has leased 1.35 lakh sq. ft. in Gurugram’s TRIL Tower to expand its operations in India. This strategic move highlights the growing demand for premium office spaces in Gurugram, a key business hub. It reflects Ciena’s commitment to strengthening its presence in the telecommunications and IT sectors.
READ MOREBlackRock Services India has leased 42,700 sq. ft. of office space in Mumbai’s Worli at Rs 1.1 crore per month. The five-year lease includes a 36-month lock-in period and escalations in rent over time. The office is located in the Altimus Tower by K Raheja Corp.
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