Infosys signed a contract with a real estate developer for leasing its office space
India’s second largest software services firm Infosys has signed a contract with commercial real estate developer Skanska Property for leasing its office space for 10 years, the biggest such transaction in Poland this year.
The expansion comes in the wake of Infosys is planning to expand the workforce at Lodz delivery centre by 500 people. The Bangalore—based firm arm Infosys BPO Poland signed the lease agreement with Skanska Property for over 21,000 sq m in Infosys Green Horizon office complex in Lodz city in the European nation. The agreement covers new lease terms for the area already occupied by Infosys beside an additional 3,800 sq m of office space.
Real estate advisory firm Cushman & Wakefield, which represented Infosys BPO, said the agreement is the largest deal in the Lodz’s office market so far and the biggest lease transaction in Poland in 2014. The new lease agreement extends the lease period to 2024.
This expansion that the company is looking forward will also increase job opportunities for students in India to a bigger extent.
Source: The Hindu Business line
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