Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Nippon Life India Asset Management invests ₹486 crore in two premium office spaces at One Lodha Place, Lower Parel, Mumbai. The acquisition reflects Mumbai’s rising demand for Grade-A commercial hubs. Backed by Nippon Life Insurance, NAM India strengthens its presence in India’s financial capital, targeting innovation and excellence in real estate expansion.
READ MOREBHIVE Workspace partnered with Century Real Estate to acquire 39,753 sq. ft. in Bengaluru for INR 3.54 crore. The premium property on Old Airport Road adds 1,000+ seats, enhancing offerings for startups and enterprises. This expansion supports BHIVE’s aggressive growth strategy, targeting six major cities and redefining India’s coworking landscape with innovation and flexibility.
READ MOREIndia has become a global hub for GCCs, leasing 28.8 million sq ft of office space between Q1 2023 and Q2 2024. Driven by a cost-effective talent pool and world-class infrastructure, GCCs occupy nearly half of India’s prime office inventory, with U.S. firms leading this transformation toward innovation and R&D.
READ MOREInnov8 plans to raise ₹100 crore to double its coworking centres to 100 by next year. The funds will drive growth through acquisitions, partnerships, and tech upgrades. With 350+ brands and newly managed office ventures, Innov8 is positioned to lead India’s booming coworking sector amid rising demand for flexible workspaces.
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