Amazon hires record level of office property in 2016


Latest News – US-based e-commerce giant Amazon took about a million of office spaces on lease last year, making it equal to what it took between 2008 and 2015 in the country.
Founder and chief executive Jeff Bezos’ said last year that it would invest another $3 billion in India, amid intense competition in the e-commerce space.
Much of the leased space could be used for seller and development services, besides a 30,000-sq ft building in Bandra Kurla Complex for its India headquarters.
According to Propstack, a data analytics firm for commercial property transactions, various Amazon entities have (Read More)

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