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LinkedIn bets big on India

Takes 246,000 sq ft space in Bengaluru, thrice what it took in the same city in 2013

Raghavendra Kamath  |  Mumbai 

In a prominent office leasing deal, California-based social networking site LinkedIn has taken 246,000 sq ft of space in the Global Technology Park, Bengaluru, owned by Singapore based investor-developer Maple Tree, for a research & development centre. This is more than thrice the space what it had taken in the same city only three years ago. In 2013, LinkedIn booked 74,341 sq ft of office space in the city's Prestige Technology Park. LinkedIn is expected to pay around Rs 20 crore as the office complex commands lease rent of Rs 65-70 a sq ft. The space is to be taken in two ...

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LinkedIn bets big on India

Takes 246,000 sq ft space in Bengaluru, thrice what it took in the same city in 2013

Takes 246,000 sq ft space in Bengaluru, thrice what it took in the same city in 2013 In a prominent office leasing deal, California-based social networking site LinkedIn has taken 246,000 sq ft of space in the Global Technology Park, Bengaluru, owned by Singapore based investor-developer Maple Tree, for a research & development centre. This is more than thrice the space what it had taken in the same city only three years ago. In 2013, LinkedIn booked 74,341 sq ft of office space in the city's Prestige Technology Park. LinkedIn is expected to pay around Rs 20 crore as the office complex commands lease rent of Rs 65-70 a sq ft. The space is to be taken in two ... image
Business Standard
177 22

LinkedIn bets big on India

Takes 246,000 sq ft space in Bengaluru, thrice what it took in the same city in 2013

In a prominent office leasing deal, California-based social networking site LinkedIn has taken 246,000 sq ft of space in the Global Technology Park, Bengaluru, owned by Singapore based investor-developer Maple Tree, for a research & development centre. This is more than thrice the space what it had taken in the same city only three years ago. In 2013, LinkedIn booked 74,341 sq ft of office space in the city's Prestige Technology Park. LinkedIn is expected to pay around Rs 20 crore as the office complex commands lease rent of Rs 65-70 a sq ft. The space is to be taken in two ...

image
Business Standard
177 22

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