Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s Q1 2024 office market showed resilience, with gross leasing surpassing 15 million sq ft, marking the second-best first quarter. Domestic occupiers led the demand, particularly in BFSI, Flex, and manufacturing sectors. Rental values rose, and Delhi NCR and Bengaluru dominated leasing activity.
READ MOREAwfis Space Solutions’ shares debuted with a 13% stock market premium following a successful IPO. The proceeds will fund new centres, working capital, and corporate purposes, showcasing investor confidence in the coworking space provider.
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READ MOREGoogle leases 649,000 square feet in Alembic City, Whitefield, Bengaluru, for Rs 4.02 crore per month. The expansion includes new office space and plans to manufacture smartphones and drones locally.
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