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Germany’s Bernhard Schulte Acquires Mumbai Office Space

Global maritime giant Bernhard Schulte Shipmanagement (BSM) has acquired a custom-built six-floor office space in the Kalpataru Virtus project, located at the LBS-JVLR junction in Mumbai’s Vikhroli suburb, for more than Rs 304 crore, according to sources familiar with the matter. This acquisition, finalized on Thursday, represents one of the largest office space purchases by an international shipping company in India. “This new office will become BSM’s headquarters in India, bringing together its ship management, crewing, technical, and digital operations, while also allowing room for growth,” stated one insider. The company has acquired approximately 1 lakh sq ft of office…