Japanese Firms Expand in Bengaluru with Urban Vault Leases

Urban Vault has leased 21,000 sq ft of office spaces in Bengaluru to Japanese companies Nachi, Pioneer, and Komatsu for Global Capability Centres. Co-founder Amal Mishra emphasized the growing interest of global corporations in India. Urban Vault manages over 2.8 million sq ft across multiple Indian cities.

Urban Vault, a prominent realty firm, has leased 21,000 sq ft of office space in Bengaluru to Japanese companies Nachi, Pioneer, and Komatsu. This move is aimed at establishing Global Capability Centres (GCCs) in India.

In a statement released on Sunday, Urban Vault emphasized its expanding portfolio, which now includes over 50 GCCs across significant Indian cities, marking a noticeable demand from global corporations.

Co-founder Amal Mishra stated, "The trust placed in Urban Vault by giants like Nachi, Pioneer, and Komatsu reinforces our commitment to providing world-class workspace solutions." Mishra noted increased interest from sectors such as manufacturing and technology in setting up Indian offices.

(With inputs from agencies.)