US firm Anthem takes 3 lakh sq ft office space on lease from Embassy, GAR group
New Delhi, Aug 22 (PTI) US-based health insurance company Anthem Inc has taken on lease 3 lakh sq ft office space in Bengaluru and Hyderabad from two real estate developers, Embassy and GAR group, for its back-office operations, according to sources. Global property consultant Savills India helped Anthem Inc with leasing transactions as well as managing the project.
In February this year, Anthem Inc’s Indian arm Legato Health Technologies had taken on lease about 1.5 lakh sq ft of office space in ‘Embassy Manyata Business Park’ project in Bengaluru. According to sources, Legato has leased 1 lakh sq ft of office space more in Embassy Manyata Business Park, taking the total absorption to 2.5 lakh sq ft.
Moreover, Legato has taken 2 lakh sq ft of office space from realty firm GAR group in its ‘GAR Infobahn’ project located at new financial district Kokapet, Hyderabad. The US firm will use this space for its captive back-office work, sources said…..Readmore