Barclays said on Tuesday it has agreed to lease office space in London’s Canary Wharf district to the British government in an effort to save about 35 million pounds ($45 million) annually. The Cabinet Office will lease about 540,000 square feet of space in 10 South Colonnade, according to a statement. The handover is expected to… Read More »
Automotive testing systems major HORIBA, inaugurated today its India Technical Centre at Chakan MIDC Phase 2 near Pune in Western India. Maharashtra Chief Minister Devendra Fadnavis inaugurated the 7000 sq mtrs facility which will be a comprehensive location for product demonstration and testing; a workshop for product customization and assembly; an office space and a training… Read More »
In an indication of the city’s growing clout as a major IT hotspot in the country, Hyderabad has seen a record absorption of 6 million square foot of office space by the IT industry alone in 2016, Telangana IT secretary Jayesh Ranjan said here on Wednesday. “In terms of growth there is one indicator that… Read More »
Companies are focussing on their workspace design to increase employee satisfaction, boost productivity and provide a comfortable working environment. With the steady growth in the demand from commercial real estate, the interior turnkey solution market has witnessed a progressive trend in their sector. As commercial space demand surges, the sector is expected to further witness a… Read More »
National Association of Software and Services Companies (NASSCOM) today announced plans to set up an office in Bhubaneswar to boost IT and ITeS in eastern India. The NASSCOM also reiterated its commitment to explore further opportunities to partner with the state government. The announcements were made at the end of the NASSCOMs three-day leadership meet… Read More »
Uber is turning India into a regional hub of sorts, as the cab aggregator expands to other South Asian countries. After launching in Sri Lanka late last year, Uber started operations in Dhaka, Bangladesh, in mid-November. As it continues to scout for more markets, the expansion and the operations are being driven out of the… Read More »
HM Revenue & Customs (HMRC) has reportedly selected India Buildings in Liverpool as the location of a new hub office of more than 300,000 sq ft. The government department will let the majority of the space at the 350,000 sq ft building, according to Property Week. The Water Street property was acquired by Shelborn Asset Management for… Read More »
Point72 Asset Management moved into a new office space in Singapore’s OUE Bayfront in Marina Bay on Monday. The 8,880 square foot space can seat up to 60 employees, doubling the capacity of the Firm’s previous Singapore office. Marc Desmidt, Chief Executive Officer of Point72’s international business, said, “We are making a push to find,… Read More »
According to the IT industry watchdog Nasscom, India ranks third “among global startup ecosystems with more than 4,200 new-age companies” and the startup revolution is only becoming bigger and better over the years. Where a startup sets up shop is very important and the most important factor to consider here is “location, location and location”.… Read More »
In the largest ever transaction in Nariman Point’s history, Singapore’s multinational bank DBS Bank is set to pick up 1 lakh sq ft of prime office space spread over total five floors in Blackstone Group’s commercial property, Express Towers, said two persons familiar with the development. Nariman Point has not recorded a single deal of this… Read More »