DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projects
BENGALURU, June 2 -- Dev Accelerator Ltd, a managed workspace provider, has entered India's largest commercial office market, Bengaluru, by leasing 111,000 square feet in two premium properties of real estate developer Prestige Group, a top executive said.
The expansion will add over 1,200 seats to the company's portfolio and is expected to generate about Rs.2.2 crore in monthly revenue.
The Ahmedabad-based company, known as DevX, has taken up 54,000 sq. ft in Prestige's 90-acre corporate campus called Lakeshore Drive in Bellandur, located along the city's much sought-after Outer Ring Road office micro-market. The premium office property houses companies such as Uber Technologies, Blackstone and DXC Technology.
DevX, which listed publi...
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