WeWork India inks managed office lease deal with Cognizant in Chennai
Bengaluru, Sept. 1 -- Flexible workspace operator WeWork India has signed a 141,392 sq ft managed office deal with Cognizant Technology Solutions India Pvt. Ltd in Chennai, marking its maiden lease transaction with the information technology (IT) services major, said two people familiar with the development.
The office space has been leased to Cognizant across two floors at Embassy Splendid TechZone, an office park, on Pallavaram-Thoraipakkam Road, which can accommodate 2,605 seats. The lease tenure is 24 months. Cognizant will be paying around Rs.14,000 per seat per month at the WeWork India centre.
Earlier this year, US-headquartered Cognizant pre-leased about 650,000 sq ft at the same property from Embassy Office Parks REIT to set up...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.