Key Points
Swiss biotech major Roche's India arm has picked up an over 2 lakh sq ft office space from Brookfield Properties in its commercial project in Pune's Baner locality, said persons with direct knowledge of the development...
Roche Information Solutions India, the healthcare digital entity of the global pharmaceutical major, will be paying rentals of over 210 crore throughout the long-term lease of 9 years...
Apart from Roche, the commercial tower counts US-based fixed wireless access solutions provider Tarana Wireless and cloud consulting & outsourcing company Infobeans Cloudtech as it's key tenants...
The commercial office segment, which was significantly impacted by the pandemic, has seen a strong pickup in demand in the last 3-4 quarters, boosted by strong economic growth, increased hiring and as employees return to office for work...
Deal activity in the office space segment has so far been witnessing steady growth despite the forecast of a recession in western markets and its likely impact on Indian commercial real estate...
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