IndiQube Expands Presence with GCC Client in Pune

IndiQube Expands Presence with GCC Client in Pune.webp

New Delhi, March 20 Real estate firm IndiQube Spaces Ltd has leased 1,140 desks to a foreign firm at its co-working center in Pune and expects rental income of ₹54 crore over the next five years.

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 crore over the 5-year tenure," 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.
 
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business services co-working commercial real estate desk space gcc global capability centre india india stock exchange indiqube spaces leasing agreement office space property management pune real estate rental income
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