UBS Group acquires commercial tower in Pune
Swiss multinational financial services firm, UBS Group AG, has taken up an entire commercial tower in Pune’s Yerwada micro market through a long-term lease. The space is leased from Smartworks Coworking Spaces with a total rental outgo of over Rs 263 crores.
The leased tower covers a 165,290 sq ft managed office facility and is designed to house around 1,520 seats. As per The Economic Times, the lease covers the ground floor to the seventh floor of the tower.