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PRESTIGE OFFICE VENTURES
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- Expanding corporate occupier activity drives large office leasing across IndiaIndia's commercial office market is increasingly dominated by large occupiers seeking consolidated, campus-style workplaces. Large office t...
- AI majors building India base in Bengaluru boosting space demandBengaluru is rapidly becoming a global hub for AI innovation as major tech companies like Anthropic and OpenAI establish new offices. Europ...
- Prestige Group acquires 11 acre land in Hyderabad in record deal worth Rs 1,556 crorePrestige Group acquired an 11-acre plot in Hyderabad's Knowledge City for Rs 1,556.5 crore, marking the city's most expensive land deal. Th...
- Walmart to set up GCC in Bengaluru, signs lease deal with PrestigeWalmart Global Technology Services India has leased about 1 million sq ft of office space in Bengaluru from Prestige Group to establish a g...
- Engineering, manufacturing and BFSI occupiers to account for 40% of office demand during 2025-27India's office space demand is diversifying with sectors like engineering, BFSI, and healthcare gaining prominence. Over the next three yea...
- Prestige Group aims for a 10x growth in office rentalsThe Prestige Group is looking at 10x growth in its rental income from office assets in excess of ₹3,000 crore over the next five years. It ...
- Prestige Estates hikes stakes to 100% in 2 office complexes by buying out DB Group shares for Rs 1,176 crorePrestige Estates has become the 100% owner of two under-construction office complexes in Mumbai. The Bengaluru property development firm bo...
- Prestige Estates buys out DB Group’s balance stake in 2 Mumbai projects for Rs 1,176 croreActing through its wholly owned subsidiary, Prestige Falcon Realty Ventures, the company has entered into agreements to increase its stake ...
- Adobe Systems India buys 4 lakh sq ft office in Bengaluru for Rs 505 croreThe purchased office space in Prestige Tech Park IV will give the company access to a total 640 car parking slots and an undivided share of...
- Office pre-leasing in top cities sees a big jumpLarge technology, consulting, and financial services firms like Google, Deloitte, Amazon, Qualcomm, and Wells Fargo have pre-committed larg...
- Office vacancies stay stable as companies start bringing staff backGross absorption in the first quarter of the calendar increased almost three times year-on-year (YoY) to 13.0 million sq feet - the highest...
- CPPIB picks up Prestige stake in RMZ JV for ₹1,800 crore"This joint venture will provide RMZ additional opportunities to forge new strategic financial co-investments and remain ahead of the curve...
- Prestige Group and Awfis partner to offer co-working portfolio of half a million square feetIn February, Prestige and Awfis had entered into a pact to offer over 300,000 sq ft of Grade-A flexible office space within Prestige Group'...
- Prestige Group to invest over Rs 3,500 crore to develop 7 mln sq ft office space in MumbaiThe new commercial development, a standalone ground plus 63 storey and a 43-floor prestige Liberty Tower property, will be the tallest offi...
- Prestige Group, Awfis in tieup for six co-working spaces in South IndiaThe alliance will allow Awfis to offer more than 200,000 square feet of Grade-A flexible office spaces with total capacity of more than 4,0...
- Juggy Marwaha appointed as CEO Prestige Office VenturesAn industry veteran in real estate with over two decades of experience, Juggy Marwaha had also spearheaded WeWork as the CEO for their Indi...
- DB Realty, Prestige Estates gain up to 5% on project dealThe deal marks Prestige Estates Projects’ entry into the Mumbai commercial market.
- Prestige Group buys 29% in DB realty projectThis is the second transaction between Prestige and DB Realty. Last month, the Bengaluru- headquartered firm had entered in to a joint vent...
- Prestige Group inks JV with DB Realty to develop hospitality-led project in DelhiThe 50:50 joint venture will develop total 2 million sq ft project with total 932 hotel rooms, 6.45 lakh sq ft office space apart from a 2 ...
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