The total portfolio of the JV is 15-16 million sq ft, of which 3-4 million sq ft is operational. Warburg Pincus has a 70% stake, while Embassy Group has 30% shareholding in the JV
In the first major office leasing transaction since the Covid-19 outbreak, global consulting firm ANSR’s India arm has leased 300,000 sq ft space across eight floors in Embassy NXT in Bengaluru.
Coworking giant WeWork has been in the news for all the wrong reasons, and market doomsayers are going to town on the topic. How concerned do we really need to be?
