India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

An alternative investment fund managed by ICICI Prudential Asset Management Company has acquired a major Grade-A office property in Pune, marking another step in its strategy to build a portfolio of income-generating commercial real estate assets. The acquisition was completed through the ICICI Prudential Office Yield Optimiser Fund – Series II, which purchased approximately 3.88
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Smartworks Coworking Spaces will participate in the Investec India Promoter & Founder Conference 2026 in Mumbai on March 10. Company representatives will meet investors and analysts through group and one-on-one interactions while ensuring compliance with SEBI regulations and avoiding discussion of unpublished price-sensitive information during the event.
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The Bombay Stock Exchange has approached MMRDA seeking land allocation in Mumbai’s Bandra Kurla Complex to expand operations. The move follows NSE’s recent expansion in the district and highlights rising demand from financial institutions and global corporations for premium office space in India’s leading financial hub.
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WeWork India has launched Rivet, an integrated design-and-build platform designed to streamline enterprise workspace development. By combining strategy, design, engineering, and construction under a single framework, Rivet aims to reduce project delays and cost overruns. Backed by a nationwide partner network, the platform targets large-scale, tech-enabled, and ESG-focused office developments across India.
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Oppo Mobiles India has subleased around 4.3 lakh square feet of commercial space in Greater Noida to Bhagwati Products Ltd, a joint venture between Micromax Informatics and Huaqin Technology. The deal, valued at ₹1.04 crore in monthly rent, highlights strong demand for large-scale industrial and manufacturing spaces in NCR.
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Embassy Office Parks REIT has acquired Pinehurst at Embassy GolfLinks Business Park from Xander for ₹852 crore. The deal marks India’s first listed REIT acquisition from a third party, signalling market maturity, expanding investment avenues, and stronger exit options for private equity in commercial real estate.
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