Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
India’s commercial real estate sector is shifting towards certified green buildings as global tenants demand sustainable office spaces. Despite a 3-5% higher upfront cost, green offices offer up to 35% energy savings. With ESG priorities shaping leasing trends and government incentives boosting adoption, sustainable workspaces are the future of CRE.
READ MORENukleus Office Solutions Ltd, a co-working solutions provider, has seen a strong response to its Initial Public Offering (IPO) as the issue was subscribed 53% by the second day of bidding, with retail individual investors (RIIs) showing significant interest. The IPO opened on February 24, 2025, and will close on February 27, 2025.
READ MOREIndia’s office leasing market is set to grow by 8-10% in FY26, fueled by demand from BFSI, IT/ITES, and GCCs. Delhi-NCR leads the surge, with Noida and Gurugram emerging as prime business hubs: improved infrastructure, flexible office spaces, and investor confidence drive commercial real estate expansion.
READ MORECorporatEdge, a leading provider of premium flexible workspaces, has announced a significant expansion in Bengaluru with a ₹100 crore investment. The company plans to open six new centres, adding 200,000 sq. ft. of workspace and over 2,400 seats to meet the city’s growing demand for high-end, agile office solutions.
READ MOREPratyush Pandey has resigned as CEO of Upflex India, a leading coworking marketplace. Upflex entered India in 2021 through a partnership with Anarock, expanding across multiple cities. Pandey, who played a key role in this expansion, confirmed his resignation but did not disclose his plans.
READ MORENukleus Office Solutions’ IPO received a lukewarm response, reaching 41% subscription on Day 1. Retail investors subscribed 61%, while NIIs lagged at 21%. The company aims to raise ₹31.7 crore at ₹234 per share. With steady financial growth, its BSE SME listing is set for March 4.
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