Embassy REIT Leases 2.07 Lakh Sq Ft to Cybersecurity Firm Rubrik at Embassy TechVillage
- Industry News
- January 15, 2025
Explore Dextrus Coworking’s newest 12,000 sqft space at One BKC, Mumbai, designed for productivity and convenience, featuring 300 seats and state-of-the-art amenities.
READ MOREIndia’s office real estate grew 13% in Q1 2024, reaching 13.40 million sq ft, led by Bengaluru, Chennai, and Hyderabad. Despite a quarterly absorption drop, sectors like IT-ITeS and BFSI thrived. New completions also rose 26% annually, promising a solid year ahead for the market.
READ MOREChennai surpassed Bengaluru and Hyderabad in MNC office leasing in 2023, securing 7 million square feet. Driven by competitive rents and robust infrastructure, Chennai’s market thrived, especially in the global capability centre sector, positioning it as a leading destination for multinational corporations.
READ MORENine proven strategies to manage work stress and elevate your career success effectively! From prioritising tasks, setting realistic goals, establishing boundaries, and practising mindfulness, below are the top actionable steps to reduce stress, increase productivity, and achieve a healthier work-life balance. Learn how to take control of your well-being and thrive in your professional endeavours.
READ MOREEmerging from the pandemic, businesses are pivoting towards co-working spaces, seen as the future of office setups. In India, these flexible and hybrid work environments are becoming essential for freelancers, entrepreneurs, and remote workers. Space Creators Heights exemplifies this shift, focusing on community, well-being, and innovation in office design. It forecasts substantial growth in the market by 2029.
READ MORELearn how effective PR and corporate communications drive success in coworking and hybrid workspaces by fostering trust, navigating industry trends, engaging stakeholders, managing crises, and advocating for sustainability.
READ MOREWeWork Inc. is exiting the Indian market, selling its 27% stake as part of a 40% divestment involving Embassy Group. Amidst its U.S. bankruptcy, WeWork India’sIndia’s growth surged, showing a 68% revenue increase in FY23. The deal awaits the approval of the Competition Commission of India.
READ MOREIndia’s offshoring industry is fueling a surge in office space leases, now accounting for over 46% of the market. Companies increasingly seek Grade A spaces in metro cities like Bengaluru, Mumbai, Hyderabad, and Pune, driving demand for high-quality, sustainable office spaces.
READ MOREBrigade Group is set to invest Rs 4 billion in developing premium office spaces in Chennai, aiming to enhance the city’s commercial infrastructure and attract more corporate tenants.
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