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EFC (I) executes LoI for lease of prime property in Hyderabad

29 Oct 2024 Evaluate

EFC (I) has executed a Letter of Intent (LoI) for the lease of a prime property spread over 78,084 Square feet in Hyderabad. This new lease adds to the company’s existing space at Silicon Towers, Hyderabad. The additional 78,084 square feet across three floors seating capacity over 1,700 consolidates its presence with Approximate 2 Lakh square feet of area in a single building, enabling improved cost efficiency, streamlined management, and enhanced service offerings.

This strategic acquisition represents a significant expansion of its serviced office portfolio and reinforces its commitment to market leadership and operational excellence. As a leader in the managed office sector in India, this expansion underscores its dedication to enhancing its service offerings and meeting the evolving needs of the market. The newly acquired spaces will play a crucial role in advancing its mission of delivering exceptional facilities and services. 

EFC (I) (formerly known as Aamani Trading & Exports) is engaged in the business of real estate services, property management services & renting or leasing services involving own or leased non-residential property.


Peers
Company Name CMP
Sagility 44.75
Prime Focus 314.45
Knowledge RealtyTrt. 113.71
Indegene 609.55
Syngene Internatl. 378.20
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