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Brigade Group launches ‘BuzzWorks’, forays co-working space

Friday, 15 Mar 2019
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The real estate firm Brigade Group is foraying the co-working business through the brand ‘BuzzWorks’. The company plans to roll out 2,200 seats in the next two years. BuzzWorks will initially launch more than 200 seats at Whitefield and Rajajinagar at the Brigade Metropolis and Brigade Gateway campuses in Bengaluru, Karnataka, totalling 15,000 sq ft.

Later, the firm plans to offer co-working spaces in locations such as Kochi, Ahmedabad, Chennai and Hyderabad as well. BuzzWorks will be a natural extension of the company’s commercial office portfolio and a forward integration for the business.

The Bengaluru-based group started off as a commercial space developer in 1986 and later expanded to other real estate segments including residential and hospitality. The Brigade Group has intensified its focus on the commercial real estate market.

Brigade Enterprises has 11 million sq ft of office space under various stages of construction. It has a partnership with Singapore-based private equity firm GIC Singapore for commercial properties.

The company also has 18 million sq ft of residential development to its credit and plans to launch another nine million sq ft by FY20. It has 0.5 million sq ft of retail space and around 781 hotel rooms under construction.

 
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