Apple leases more than 40,000 sq ft office space in Bengaluru

Sobia Khan | ET Bureau | Jul 25, 2016, 10.36 AM IST

Apple has agreed to lease more than 40,000 square feet of office space in Bengal
uru, where the US-based iPhone maker intends to set up a development centre, thr
ee people familiar with the matter said.Apple has agreed to lease more than 40,0
00 square feet of office space in Bengaluru, where the US-based iPhone... Read M
ore
BENGALURU: Apple has agreed to lease more than 40,000 square feet of office spac
e in Bengaluru, where the US-based iPhone maker intends to set up a development
centre, three people familiar with the matter said.
The new facility is at Galleria, a 3 lakh sqft office space that belongs to Stan
dard Brick Tile Company in North Bengaluru. It has tenants such as Comviva and A
tkins. "The Apple facility will be spread over two floors and house its high-end
development centre," said one of the people.
Apple didn't respond to an email seeking comment until press time on Sunday. Cus
hman & Wakefield was the adviser to the deal. In May, Apple announced setting up
of a new iOS app design and development accelerator in Bengaluru, to support en
gineering talent and accelerate growth in India's iOS developer community. The a
ccelerator is expected to open in early 2017.
Apple to open its first store in Taiwan
Tens of thousands of developers in India make apps for iOS, the mobile operating
system that is the foundation for iPhone, iPad and iPod touch.
The company said Apple 's team would work to inspire and instruct developers on
best practices, help them hone their skills and transform the design, quality an
d performance of their apps on the iOS platform. "India is home to one of the mo
st vibrant and entrepreneurial iOS development communities in the world," CEO Ti
m Cook had said in a press statement. "With the opening of this new facility in
Bengaluru, we're giving developers access to tools, which will help them create
innovative apps for customers around the world."
Top Comment
OH ! Bangalore will get APPLE also ! Good news !Jayarama Shetty
The facility will also provide support and guidance on Swift, Apple's powerful a
nd intuitive programming language created to build apps for iOS, Mac, Apple TV a
nd Apple Watch . Swift enables developers to write safer, more reliable codes, s
ave time and create richer app experiences.
The facility in Bengaluru will be Apple's second after Hyderabad, where it has t
aken 2.5 lakh sq ft of office space in a special economic zone at Gachibowli. Th
e $25 million technology centre is set to focus on the development of maps produ
cts and employ 4,000 people.
Bengaluru and Hyderabad have been the top destinations for technology firms, inc
luding Google and Microsoft to expand their presence in India. Together, these c
ities account for nearly 72% of the total office space demand in India, owing ma
inly to the IT-ITeS sector. According to real estate services firm Cushman & Wak
efield, demand for office space in India grew 19% in the first quarter of 2016 t
o 11.7 million sq ft in the top eight markets.
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