Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
BHIVE Workspace, a prominent managed office space provider based in Bengaluru, has secured a lease for 77,000 square feet from Address Maker on CMH Road in Indiranagar. The annual rent for this prime location is ₹8.5 crore, according to a company statement issued on September 9. The new property will accommodate over 1,500 seats and
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 MOREBHIVE, a flexible office space provider, has signed a landmark deal by leasing over 900 desks to Nuvama, a wealth management firm, at the prestigious Bandra Kurla Complex (BKC) in Mumbai. This move marks BHIVE’s first significant expansion outside its Bengaluru base and strengthens its presence in one of Mumbai’s key business districts. The lease
READ MOREBHIVE appoints Venkatesh Shenoy as Chief Operating Officer (COO) to lead its managed office and coworking operations. With 18 years of experience in operations and supply chain management, Shenoy will focus on scaling operations and expanding BHIVE’s footprint to become India’s top real estate company.
READ MOREBFSI and flex spaces drove 39% of India’s office space absorption in Q3 FY24, while IT-ITeS demand declined. Southern cities dominated, with Bengaluru leading at 36%. Pan-India vacancy dropped to 14.8%, and new completions rose 3%. Hyderabad topped new supply, reflecting robust growth amid evolving workspace trends and economic resilience.
READ MOREUncover the hidden potential of workspace wellness programs beyond the desk. Learn how prioritising employee well-being can enhance productivity, engagement, and talent retention while fostering a positive workplace culture.
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