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HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in Bengaluru
Global banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significant deal, valued at over Rs 3,000 crore for a 20-year lease, highlights Bengaluru's appeal for multinational financial firms. The under-construction campus, set for completion in October 2027, underscores the strong demand for integrated, high-quality office spaces in India's tech and finance hub.
MTAR Tech tumbles as Crusoe pauses work on major AI data centre project
MTAR Technologies plunged 12.22% to Rs 6,238 after reports emerged that US-based data centre developer Crusoe has paused work on Project Jade, a large-scale AI data centre campus planned in Cheyenne, Wyoming.
Australian university UWA inks Mumbai office deal to set up maiden India campus
The University of Western Australia has secured over 1.16 lakh sq ft of office space in Mumbai's Waterstones building for its first Indian campus. This move signifies a growing trend of foreign universities opting for centrally located Grade-A office spaces to establish their presence in India, leveraging urban connectivity and proximity to student populations.