India, March 20 -- Enzyme Office Spaces, a managed workspace provider, has leased 3.4 lakh sq ft of flexible space in Bengaluru for a total of Rs.2.5 crore in monthly rent for 10 years, Ashish Agarwal, founder and CEO, Enzyme Office Spaces, told Hindustan Times Real Estate.

The company has taken around 1.8 lakh sq ft in Whitefield, 1.5 lakh sq ft in HSR Layout and 16,000 sq ft in Hebbal, with plans to sublease the spaces to GCCs and startups and target Rs.50 crore in annual revenue by the next financial year, he said.

"The leases were executed between February 14 and March 5 and have a tenure of 10 years. We follow a core strategy of leasing properties, furnishing them, and offering them as managed office or enterprise solutions," Agarw...