Blog - Page 33 of 37 - Flex Insights

Awfis Space Expands in Bengaluru, Boosting Market Presence and Financial Performance 0
- Industry News
- September 2, 2024
Awfis Space Solutions has launched two new coworking centres in Bengaluru, adding 66,846 sq. ft. to its portfolio. With plans to expand further, Awfis now operates 1,12,038 seats across 185 centres in India. The company reported a net profit of Rs 1.37 crore in Q4 FY24, reflecting strong growth.
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Volkswagen Leases 1.23 Lakh Sq. Ft. in Pune’s Embassy Tech Zone to Strengthen India Presence 0
- Industry News
- September 2, 2024
Volkswagen Group Technology Solutions India has leased 1.23 lakh sq. ft. in Pune’s Embassy Tech Zone to expand its operations. The five-year lease includes a four-month rent-free fit-out period. This reflects Volkswagen’s commitment to India amid the growing demand for office space driven by global capability centres (GCCs) nationwide.
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Embassy REIT Secures 8 Lakh Sq. Ft. Lease with Commonwealth Bank in Bengaluru 0
- Industry News
- September 2, 2024
Embassy REIT has signed an 8 lakh sq. ft. lease with the Commonwealth Bank of Australia (CBA) in Bengaluru, marking a significant expansion of CBA’s operations in India. This deal reinforces Bengaluru’s status as a key business hub and highlights Embassy REIT’s role in the premium office space market.
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Ciena Leases 1.35 Lakh Sq. Ft. in Gurugram’s TRIL Tower to Expand India Operations 0
- Industry News
- September 2, 2024
Ciena has leased 1.35 lakh sq. ft. in Gurugram’s TRIL Tower to expand its operations in India. This strategic move highlights the growing demand for premium office spaces in Gurugram, a key business hub. It reflects Ciena’s commitment to strengthening its presence in the telecommunications and IT sectors.
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BlackRock Leases Premium Office Space in Mumbai’s Worli for Rs 1.1 Crore Monthly 0
- Industry News
- August 30, 2024
BlackRock Services India has leased 42,700 sq. ft. of office space in Mumbai’s Worli at Rs 1.1 crore per month. The five-year lease includes a 36-month lock-in period and escalations in rent over time. The office is located in the Altimus Tower by K Raheja Corp.
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Flutter Entertainment Invests $3.5 Million to Open Global Capability Centre in Hyderabad 0
- Industry News
- August 30, 2024
Flutter Entertainment has invested $3.5 million to open an 80,000 sq. ft. Global Capability Centre in Hyderabad. The facility will support over 700 employees and plans to expand to 900 by 2024. The company aims to have 40% women in leadership roles by 2026.
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