Sector: Office Space
Bengaluru leasing just set the tone for the future of office space.
Concorde leases 1.4 lakh sq ft to BHIVE Workspaces
15-year deal | ~₹240 Cr value
*What this signals:*
• Flex spaces are now anchor tenants
• Demand is shifting to large-format (1L+ sq ft) campuses
• Long-term leases = strong market confidence
• Premium rentals still holding firm