Support: +91-22-61011756 /
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Wells Fargo & Co leases 1.3 million sq ft office space at Orion in Hyderabad

Monday, 23 Nov 2020
Share this on :
Financial services firm Wells Fargo & Company has leased an entire office building with over 1.3 million sq ft space at developer DivyaSree’s project Orion in Hyderabad, Telangana.

This is also the biggest office space deal in Hyderabad so far, with the US-based financial services firm paying over Rs 110 crore in annual rental for the built-to-suit property.

The deal also assumes significance given the long-term commitment and ongoing discussions around emergence of the work-from-home model for businesses.

Currently, the 22-storey building is under construction and expected to be ready for fit outs in the next eight-nine months. The space will be used for the company’s expansion and is estimated to accommodate around 12,000 employees.

Wells Fargo has been operating out of Hyderabad for more than a decade. It operates with over one million sq ft office space spread over two towers that accommodate 10,000 employees.

The total lease tenure is nine years and the agreement includes a rental reset clause at the end of every three years with 15 percent escalation.

Post Your Comments


Sign up to start your free trial

Are you...


Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services