Global commercial real estate services and investment firm CBRE is setting up a 1.20 lakh sq ft India Development Centre here as part of plans to sharpen focus on growing its technology development operations from the country.
“We have outgrown [the existing] co-working facility... this will be our own space and reflective of the ways of working today,” Chief Digital and Technology Officer Sandeep Dave said about the facility that will be one of its largest globally.
The first phase is expected to be opened in a month or two. On completion of second phase, the IDC, across three floors, can accommodate 900 people. Its headcount will be more taking into account those opting for hybrid mode of working. The existing IDC in the city was opened in March 2019 and has around 800 people. In India, CBRE also has another such facility in Gurgaon, where it employs about 200 people.
