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Covid-19 impact: MNCs strike big rental deals despite work from home push

RMZ, one of the biggest owners of office properties in southern India, has done a handful of lease rental deals with global firms in recent weeks.

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Global chip manufacturer Intel has taken 250,000 square feet in RMZ Ecospace in the Sarjapur area of Bengaluru.

3 min read Last Updated : Jun 30 2020 | 2:01 AM IST

Global firms such as Google, Accenture, and Intel, among others have signed several lease rental deals for office spaces in recent weeks notwithstanding the disruptions caused due to the Covid-19 pandemic.

What is interesting is the deals happened despite companies pushing for work-from-home set-ups and analysts expecting many of them to call off lease agreements.

RMZ, one of the biggest owners of office properties in southern India, has done a handful of lease rental deals with global firms in recent weeks. Chairman Raj Menda said: “The world has not ceased to exist. After Covid-19 issues are sorted, people will get back to

Topics : Google Coronavirus Lockdown Rental Space Office space leasing Office spaces workplace Commercial property commercial real estate Accenture Intel RMZ Indian Economy Work from home

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