Real estate firm IndiQube Spaces Ltd has leased 1,140 desks to a foreign firm at its co-working centre in Pune and expects a rental income of ₹54 crore over the next five years.
IndiQube Spaces Leases 1,140 Desks in Pune to GCC Client, Expects ₹54 Cr Revenue in 5 Yrs
The foreign company will establish a Global Capability Centre (GCC)
IndiQube Spaces Leases 1,140 Desks in Pune to GCC Client, Expects Rs 54Cr Revenue in 5 Yrs Indiqube
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The foreign company will establish a Global Capability Centre (GCC).
In a regulatory filing on Friday, the company said it has signed a leasing agreement with a leading GCC client in Pune.
"The GCC client has taken up 1,140 seats at IndiQube Orchid, spread across multiple floors. The deal is valued at around ₹54 crores over the tenure of 5 years," IndiQube Spaces said.
IndiQube, which got listed on the stock exchange last year, has a presence in 17 cities with over 9.55 million sq ft area under management.