Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
IBM is in talks to lease 260,000 sq ft at Gurgaon’s TRIL Tower, highlighting India’s booming office leasing market, expected to reach 85 million sq ft in 2024. Driven by Global Capability Centres (GCCs) and premium infrastructure demand, Gurgaon leads as a commercial hub amidst India’s 70% APAC net absorption share.
READ MOREIBM has signed a ₹143 crore lease for 830,000 square feet of office space with Embassy REIT, strengthening its presence in India. The deal highlights the growing demand for premium office spaces in India’s commercial real estate market and reinforces Embassy REIT’s ability to attract major global tenants like IBM.
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