Lloyds Realty Leases 182K Sq Ft Mumbai Office to Smartworks
Representative AI image NEW DELHI: Lloyds Realty Developers has entered into a 15-year lease agreement with Smartworks Coworking Spaces for its commercial property, The Square, located in Andheri East, Mumbai. This lease encompasses the full 1,82,300 sq ft of the building, achieving 100% occupancy for the asset. The deal is expected to generate rental income exceeding ₹600 crore throughout the lease period. The Square, designed by Panthaki Architects, features three basement levels, a ground floor, and nine office floors. It also includes a cafe space on the ground floor, a landscaped terrace garden, and mechanized shuttle parking. Published on Jul…