Bangalore<\/a>, which includes one of prestige\u2019s existing properties. This deal shows the interest shown by large corporations in office spaces in Bangalore. The transaction adviser of the deal, Cushman & Wakefield has refused to comment.<\/p>\n\n\n\nThe Prestige group has 43 million sq ft of ongoing along with upcoming projects with which it is looking to strengthen its portfolio in the commercial sector across major cities like Pune, Bengaluru, and Hyderabad. Over 1.5 million sq ft of office space has been leased by the firm from the beginning of this year to technology and Edtech firms like HP and BYJU\u2019s that closed earlier this year.<\/p>\n\n\n\n
It is expected that the leasing activity would strengthen further in the upcoming quarters, due to a combination of pent-up demand, expansion, and consolidation-led leasing. As the occupiers have started realigning their post-pandemic strategies.<\/p>\n\n\n\n
A pre-Covid momentum is expected in the office segment in the next few quarters as the economy of India strengthens. <\/p>\n\n\n\n
Shishir Baijal, chairman and managing director, Knig said that for the past eight quarters there is a significant increase in hiring and pent-up demand. This is expected to drive the volumes in a reminder of the year. Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Around 500,000 sq ft office space in Prestige Group\u2019s commercial property in Bengaluru, Prestige Technosta has been leased by US-based multinational semiconductor company Advanced Micro Devices (AMD) Prestige Technostar and is one of the largest office deals in the southern market in 2022. AMD is planning to use the new office space to expand its […]<\/p>\n","protected":false},"author":1,"featured_media":449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,110,109],"tags":[],"yoast_head":"\n
AMD takes 500,000 sqft leased space in Prestige Group\u2019s commercial property in Bengaluru - Prestige Elm Park<\/title>\n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n","yoast_head_json":{"title":"AMD takes 500,000 sqft leased space in Prestige Group\u2019s commercial property in Bengaluru - Prestige Elm Park","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prestigeelmpark.co\/amd-takes-500000-sqft-leased-space-in-prestige-groups-commercial-property-in-bengaluru\/","og_locale":"en_US","og_type":"article","og_title":"AMD takes 500,000 sqft leased space in Prestige Group\u2019s commercial property in Bengaluru - Prestige Elm Park","og_description":"Around 500,000 sq ft office space in Prestige Group\u2019s commercial property in Bengaluru, Prestige Technosta has been leased by US-based multinational semiconductor company Advanced Micro Devices (AMD) Prestige Technostar and is one of the largest office deals in the southern market in 2022. AMD is planning to use the new office space to expand its […]","og_url":"https:\/\/prestigeelmpark.co\/amd-takes-500000-sqft-leased-space-in-prestige-groups-commercial-property-in-bengaluru\/","og_site_name":"Prestige Elm Park","article_published_time":"2022-06-10T18:22:11+00:00","article_modified_time":"2022-11-23T08:24:19+00:00","og_image":[{"width":610,"height":343,"url":"https:\/\/prestigeelmpark.co\/wp-content\/uploads\/2022\/06\/eden-park-featured.jpg","type":"image\/jpeg"}],"author":"user","twitter_card":"summary_large_image","twitter_misc":{"Written by":"user","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/prestigeelmpark.co\/amd-takes-500000-sqft-leased-space-in-prestige-groups-commercial-property-in-bengaluru\/","url":"https:\/\/prestigeelmpark.co\/amd-takes-500000-sqft-leased-space-in-prestige-groups-commercial-property-in-bengaluru\/","name":"AMD takes 500,000 sqft leased space in Prestige Group\u2019s commercial property in Bengaluru - Prestige Elm Park","isPartOf":{"@id":"https:\/\/prestigeelmpark.co\/#website"},"datePublished":"2022-06-10T18:22:11+00:00","dateModified":"2022-11-23T08:24:19+00:00","author":{"@id":"https:\/\/prestigeelmpark.co\/#\/schema\/person\/9708a56aae157a5ee938a3eb95575ae6"},"breadcrumb":{"@id":"https:\/\/prestigeelmpark.co\/amd-takes-500000-sqft-leased-space-in-prestige-groups-commercial-property-in-bengaluru\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prestigeelmpark.co\/amd-takes-500000-sqft-leased-space-in-prestige-groups-commercial-property-in-bengaluru\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/prestigeelmpark.co\/amd-takes-500000-sqft-leased-space-in-prestige-groups-commercial-property-in-bengaluru\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prestigeelmpark.co\/"},{"@type":"ListItem","position":2,"name":"AMD takes 500,000 sqft leased space in Prestige Group\u2019s commercial property in Bengaluru"}]},{"@type":"WebSite","@id":"https:\/\/prestigeelmpark.co\/#website","url":"https:\/\/prestigeelmpark.co\/","name":"Prestige Elm Park","description":"Whitefield","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prestigeelmpark.co\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/prestigeelmpark.co\/#\/schema\/person\/9708a56aae157a5ee938a3eb95575ae6","name":"user","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prestigeelmpark.co\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b58996c504c5638798eb6b511e6f49af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b58996c504c5638798eb6b511e6f49af?s=96&d=mm&r=g","caption":"user"},"sameAs":["http:\/\/127.0.0.1"],"url":"https:\/\/prestigeelmpark.co\/author\/user\/"}]}},"_links":{"self":[{"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/posts\/152"}],"collection":[{"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/comments?post=152"}],"version-history":[{"count":3,"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/posts\/152\/revisions"}],"predecessor-version":[{"id":451,"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/posts\/152\/revisions\/451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/media\/449"}],"wp:attachment":[{"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/media?parent=152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/categories?post=152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prestigeelmpark.co\/wp-json\/wp\/v2\/tags?post=152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}