CommercialLatest Stories

CorpEdge teams with Braymont for ₹225 crore GCC growth

Dubai-based CorporatEdge has announced an investment of Rs 225 crore to expand its network into Global Capacity Centres (GCCs). The company specializes in high-quality serviced office solutions. They have entered a joint venture with Braymont Holding, aiming for expansion across the GCC in the next two to three years. Situated in Emaar Square, Downtown Dubai, their first UAE Offitel covers 36,000 sq. ft. and provides 95 fully serviced premium suites. The facility includes private offices, large team suites for up to 100 people, custom-built enterprise solutions, boardrooms, meeting rooms, and various hospitality services, all designed with wellness in mind. The…

CommercialLatest Stories

OpenAI Leases 50-Seater Office with CorporatEdge in Delhi

US-based OpenAI has selected Delhi for its inaugural office in India, leasing a 50-seater space from premium flex workspace provider CorporatEdge, according to two sources familiar with the matter. This August, OpenAI CEO Sam Altman announced plans to establish an office in India. The sources indicated that the company specifically sought a location in Delhi, ruling out the business hubs of Gurugram and Noida. “This deal underscores the significance of AI firms as substantial players in commercial real estate moving forward,” one source remarked. “These companies tend to favor managed office spaces over traditional office setups.” OpenAI did not respond…