KPMG to lease more than 7 lakhs sqft office space in Bangalore
Q: The country is seeing an economic downturn which led to a decline in the absorption of office space and here KPMG is to lease office space. Has anyone heard about this news? Please share your thoughts
This flow of investment is expected to be very beneficial to the realty sector in India, with companies like KPMG, Deloitte, Ernst & Young, and PwC planning to hire more people.These four companies alone are predicted to occupy 43 lakh sq-ft of office space.
KPMG has its offices at 12 locations in India, and is said to be the professional services firm that is growing at the fastest pace. They are planning to expanding their office space over the next 4 years. :) :D
If this happens, this transaction could be the year’s largest absorption of office space this country has seen with respect to commercial office space.