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Prime Offices Fund Enters Pune with ₹1,000 Crore Grade A Office Acquisition 0

Prime Offices Fund has acquired a 1.1 million sq ft Grade A office asset in Pune’s Kharadi for nearly ₹1,000 crore. The joint venture deal expands the fund’s footprint to three cities, taking its total portfolio to 3.8 million sq ft and reinforcing its institutional office investment strategy.

MetLife Expands at Oxygen Business Park as Noida’s GCC Momentum Accelerates 0

MetLife has leased 58,290 sq ft at Oxygen Business Park, Noida, strengthening its GCC footprint in NCR. The deal follows large office transactions by EY GDS, IBM, and Eternal Ltd. Stable rentals near ₹56–57 per sq ft and structured escalations highlight sustained demand for Grade A office space.

Bagmane Prime Office REIT Appoints CEO Ahead of ₹4,000-Crore IPO Push 0

Blackstone and Bagmane Group-backed Bagmane Prime Office REIT has named Richard Hugh Andrew as CEO ahead of its proposed ₹4,000-crore listing. With 20 million sq ft in Bengaluru, 98% occupancy, and strong GCC-led demand, the platform could become India’s sixth listed REIT, deepening institutional participation in commercial real estate.

India’s Flexible Workspace Market Nears 100 Million Sq. Ft. as Enterprise Demand Surges: JM Financial 0
- Industry News
- March 11, 2026
India’s flexible workspace sector has grown rapidly, expanding from 34 million sq. ft. in 2019 to nearly 100 million sq. ft. in 2025, according to JM Financial. The brokerage has initiated ‘buy’ ratings on WeWork India, Smartworks, and IndiQube, citing strong enterprise demand, rising GCC activity, and scalable managed office platforms.
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Redbrick Offices Leases 0.4 Million Sq. Ft. at AP4 Tech Park, Strengthening Pune’s Flexible Workspace Market 0
- Industry News
- March 11, 2026
Redbrick Offices has leased 0.4 million sq. ft. at AP4 Tech Park in Pune’s Wagholi–Kharadi Annexe corridor. The deal strengthens its ability to serve GCCs, IT firms, startups, and multinational companies. The Grade A development offers sustainable infrastructure and positions Redbrick to expand its managed workspace footprint in Pune’s booming technology hub.
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Navi Mumbai Gains Momentum as GCC Hub with Office Rents 21% Lower Than Tier-I Markets 0
- Industry News
- March 11, 2026
Navi Mumbai is emerging as a major commercial real estate hub, driven by office rents that are about 21% lower than those in Tier-I markets. With 32.7 million sq. ft. of existing office stock and 23.5 million sq. ft. planned by 2031, the city is attracting multinational companies and GCCs.
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