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Microsoft Acquires Prime Land for Data Centre in Hyderabad 0
- Industry News
- May 15, 2024
Microsoft has acquired 48 acres of land in Hyderabad for Rs 267 crore to build a new data centre. Located 40 km from the city, this facility will be one of the region’s largest, reflecting Microsoft’s expansion of its data centre business in India.
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Office Leasing Set for Strong Growth in 2024 0
- Industry News
- May 15, 2024
Office leasing will surge in 2024, driven by the technology sector. Prime cities like Bengaluru and Hyderabad lead the growth. In 2023, office absorption hit a four-year high, with significant contributions from Global Capability Centres. This trend is set to continue, reflecting a strong commercial real estate market.
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The Essential Role of Data Analytics in Optimizing Coworking Industry 0
- Coworking
- May 10, 2024
Data analytics transforms the coworking industry by optimising operational efficiencies, enhancing user experiences, and enabling predictive analytics for strategic planning. It delves into advanced tools like CRM systems and IoT sensors to analyze trends and personalise services based on member needs while addressing privacy and ethical data use challenges.
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The Executive Centre Reports 31% Revenue Growth in India 0
- Industry News
- May 9, 2024
The Executive Centre (TEC) has reported a 31% revenue growth in India, reaching Rs 475 crore in 2023. This surge is attributed to expanding its premium, flexible workspaces across major cities, meeting the increased demand post-COVID. TEC now operates 40 centres with high occupancy rates in India.
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CapitaLand India Trust Boosts Hyderabad IT Hub with Strategic Acquisition 0
- Industry News
- May 8, 2024
CapitaLand India Trust has sealed a deal to acquire IT buildings covering 2.5 million sqft in Hyderabad’s HITEC City. This strategic purchase, expected to enhance unitholder earnings, fortifies CLINT’s presence in a vital tech hub and promises robust regional growth.
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Embassy REIT Ramps Up Investment for Office Space Expansion 0
- Industry News
- May 8, 2024
Embassy Office Parks REIT announces a Rs 3,800 crore investment to develop 61 lakh sq ft of premium office space in Bengaluru to expand its rental portfolio. The project, part of a broader strategy to meet rising demand, will enhance the Embassy’s 36.5 million sq ft portfolio.
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