Awfis lease out 65,000 sq ft space to UNext in Bengaluru - ET RealEstate
Awfis lease out 65,000 sq ft space to UNext in Bengaluru - ET RealEstate
NEW DELHI: Awfis, a flexible workspace provider, has leased out 65,000 sq ft having over 900 seats to UNext in Lido Mall, Bengaluru. Knight Frank was the sole consultant partner for the transaction.In February 2022, the company had leased 85,000 sq ft space with 1,500 seats in River Side Tower, sector 125, Noida.Awfis currently has 131 co-working centres and 77,500 seats spread across 14 cities and plans to add 200 centres by end of 2022.Follow and connect with us on Twitter, Facebook, Linkedin, Youtube
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NEW DELHI: Awfis, a flexible workspace provider, has leased out 65,000 sq ft having over 900 seats to UNext in Lido Mall, Bengaluru. Knight Frank was the sole consultant partner for the transaction.In February 2022, the company had leased 85,000 sq ft space with 1,500 seats in River Side Tower, sector 125, Noida.Awfis currently has 131 co-working centres and 77,500 seats spread across 14 cities and plans to add 200 centres by end of 2022.Follow and connect with us on Twitter, Facebook, Linkedin,...
NEW DELHI: Awfis, a flexible workspace provider, has leased out 65,000 sq ft having over 900 seats to UNext in Lido Mall, Bengaluru. Knight Frank was the sole consultant partner for the transaction.In February 2022, the company had leased 85,000 sq ft space with 1,500 seats in River Side Tower, sector 125, Noida.Awfis currently has 131 co-working centres and 77,500 seats spread across 14 cities and plans to add 200 centres by end of 2022.Follow and connect with us on Twitter, Facebook, Linkedin,...
iSprout is undertaking properties sized 1 lakh sq ft in Divyashree Trinity and 90,000 sq ft in My Home Twitza, Hyderabad. In Bengaluru, it is undertaking 1 lakh sq ft in Shilpitha Tech Park.
iSprout is undertaking properties sized 1 lakh sq ft in Divyashree Trinity and 90,000 sq ft in My Home Twitza, Hyderabad. In Bengaluru, it is undertaking 1 lakh sq ft in Shilpitha Tech Park.
File photoNEW DELHI: 315Work Avenue, a co-working space provider, has leased out 22,000 sq ft office space to MoEngage, an insights-led customer engagement platform, in Koramangala, Bengaluru. This office space has seating capacity of 450.Manas Mehrotra, founder of the company said, "Co-working space segment has also emerged as the fastest-growing asset class within the office space industry.With low or zero upfront capital expenditure, managed office spaces are far more structured in terms of ...
File photoNEW DELHI: 315Work Avenue, a co-working space provider, has leased out 22,000 sq ft office space to MoEngage, an insights-led customer engagement platform, in Koramangala, Bengaluru. This office space has seating capacity of 450.Manas Mehrotra, founder of the company said, "Co-working space segment has also emerged as the fastest-growing asset class within the office space industry.With low or zero upfront capital expenditure, managed office spaces are far more structured in terms of ...
File photoNEW DELHI: WeWork India has opened two new buildings having close to 2,000 desks in Pune and Bengaluru respectively.The workspace at WTC Pune spans over 55,000 sq ft, and the newly opened Embassy Sunriver in Bengaluru spread across over 61,000 sq ft.Karan Virwani, CEO of the company, said, "As India witnesses an increased adoption of hybrid work models with the gradual return to work. With the launch of our two new spaces, we reaffirm our commitment to long term expansion and growth."...
File photoNEW DELHI: WeWork India has opened two new buildings having close to 2,000 desks in Pune and Bengaluru respectively.The workspace at WTC Pune spans over 55,000 sq ft, and the newly opened Embassy Sunriver in Bengaluru spread across over 61,000 sq ft.Karan Virwani, CEO of the company, said, "As India witnesses an increased adoption of hybrid work models with the gradual return to work. With the launch of our two new spaces, we reaffirm our commitment to long term expansion and growth."...
File photoNEW DELHI: 315Work Avenue, a coworking space provider, has leased out over 70,000 sq ft space to TeamLease, a human resource company in Koramangala, Bengaluru. It will have a seating capacity of 1,400.Manas Mehrotra, founder of the company said, "Companies want to remain agile and quickly adapt to market conditions and our plans offer them the opportunity to do so with ease. The advantage of capital-light model provided by coworking industry is proving to be the perfect solution for c...
File photoNEW DELHI: 315Work Avenue, a coworking space provider, has leased out over 70,000 sq ft space to TeamLease, a human resource company in Koramangala, Bengaluru. It will have a seating capacity of 1,400.Manas Mehrotra, founder of the company said, "Companies want to remain agile and quickly adapt to market conditions and our plans offer them the opportunity to do so with ease. The advantage of capital-light model provided by coworking industry is proving to be the perfect solution for c...
Tech giant Google has leased 1.3 million sq ft of office space in Bengaluru, according people aware of the deal, marking one of the largest office lease transactions in the country since the pandemic began. The California-headquartered company has entered into an agreement with Bagmane Developers for a new lease at its Bagmane Rio Business Park on Outer Ring Road, they told ET, adding that the property has a lease tenure of 15 years and is expected to be operational by the third quarter of 2022....
Tech giant Google has leased 1.3 million sq ft of office space in Bengaluru, according people aware of the deal, marking one of the largest office lease transactions in the country since the pandemic began. The California-headquartered company has entered into an agreement with Bagmane Developers for a new lease at its Bagmane Rio Business Park on Outer Ring Road, they told ET, adding that the property has a lease tenure of 15 years and is expected to be operational by the third quarter of 2022....
Representative ImageThink and Learn, popularly known as Byju's, has leased a 5.5 lakh sq. ft. office property at Kalyani TechPark, Bangalore, offering to pay about Rs 95 per sq. ft. Byju's investors include the Chan-Zuckerberg Initiative and Sequoia Capital.The agreement has an escalation clause of 5% yearly on the previous year's rent, said Propstack, a real estate data company."In the last two months, the city has seen closure of big transactions. And currently, there are some big tenders flo...
Representative ImageThink and Learn, popularly known as Byju's, has leased a 5.5 lakh sq. ft. office property at Kalyani TechPark, Bangalore, offering to pay about Rs 95 per sq. ft. Byju's investors include the Chan-Zuckerberg Initiative and Sequoia Capital.The agreement has an escalation clause of 5% yearly on the previous year's rent, said Propstack, a real estate data company."In the last two months, the city has seen closure of big transactions. And currently, there are some big tenders flo...
NEW DELHI: Awfis, a flex workspace provider, launched its Awfis Gold centre spread across 27,000 sq ft with 450 seats at One International Center, Lower Parel, Mumbai.The Mumbai centre has been launched in partnership with Nucleus Office Parks, the operating platform for fully owned Blackstone offices in India.Currently, the company has 10 Gold centres spread across 3.5 lakh sq. ft. in Mumbai, Bengaluru, Hyderabad and Chennai with another Gold centre coming up in Mumbai in the next 3-6 months.It...
NEW DELHI: Awfis, a flex workspace provider, launched its Awfis Gold centre spread across 27,000 sq ft with 450 seats at One International Center, Lower Parel, Mumbai.The Mumbai centre has been launched in partnership with Nucleus Office Parks, the operating platform for fully owned Blackstone offices in India.Currently, the company has 10 Gold centres spread across 3.5 lakh sq. ft. in Mumbai, Bengaluru, Hyderabad and Chennai with another Gold centre coming up in Mumbai in the next 3-6 months.It...
File PhotoNEW DELHI: WeWork India, a flexible workspace provider, has signed lease agreements for two new buildings namely Embassy One & Kalyani Roshni Tech Hub in Bengaluru. The workspaces will collectively have over 6,000 desks spread over 362,000 sq. ft, the company said in a media release.The workspace at Kalyani Roshni Tech Hub spans over 310,000 sq ft and will open this year in December. It houses over 5,000 desks spread over eight floors. The center has been leased in collaboration with ...
File PhotoNEW DELHI: WeWork India, a flexible workspace provider, has signed lease agreements for two new buildings namely Embassy One & Kalyani Roshni Tech Hub in Bengaluru. The workspaces will collectively have over 6,000 desks spread over 362,000 sq. ft, the company said in a media release.The workspace at Kalyani Roshni Tech Hub spans over 310,000 sq ft and will open this year in December. It houses over 5,000 desks spread over eight floors. The center has been leased in collaboration with ...
US-based multinational semiconductor company Advanced Micro Devices (AMD) has leased around 500,000 sq ft office space in Prestige Groupโs commercial property in Bengaluru, Prestige Technostar, in one of the largest office deals in the southern market in 2022.AMD will use the new office space to expand its operations in the city. The office is expected to be operational by the end of this year.The company signed a 10-year lease in May. โThis is a single-tenant deal and has been registered. T...
US-based multinational semiconductor company Advanced Micro Devices (AMD) has leased around 500,000 sq ft office space in Prestige Groupโs commercial property in Bengaluru, Prestige Technostar, in one of the largest office deals in the southern market in 2022.AMD will use the new office space to expand its operations in the city. The office is expected to be operational by the end of this year.The company signed a 10-year lease in May. โThis is a single-tenant deal and has been registered. T...