SMFG India Credit Co. Ltd., formerly known as Fullerton India Credit Company, has entered into a strategic partnership with Fullerton Financial Holdings (FFH) to lease 194,000 square feet of prime office space in Mumbai. This move consolidates SMFG India Credit's offices in Powai and Andheri into a centralized workspace for over 2000 employees, focusing on back and mid-office functions. The office space is located in Embassy 247, a premium Grade-A office park in Vikhroli, Mumbai, known for attracting prestigious names in the BFSI sector. The initiative aims to provide an advanced work environment and foster growth in the Indian market. SMFG India Credit's corporate headquarters will remain in Bandra-Kurla Complex (BKC) in Mumbai.
SMFG India Credit Co. Ltd., formerly known as the Fullerton India Credit Company, a key player in the financial realm, is entering into a transformative partnership. In collaboration with Fullerton Financial Holdings (FFH), a prominent financial entity hailing from Singapore, SMFG India Credit has signed a lease agreement for a sprawling 1,94,000 square feet of prime office space nestled within the heart of Mumbai's vibrant landscape. This strategic move marks a significant milestone in SMFG India Credit's growth strategy within the Indian market.
The core objective is to consolidate SMFG India Credit's offices in Powai and Andheri into a vast, centralized workspace for over 2000 employees, incorporating back and mid-office functions. This endeavour is facilitated by Cushman & Wakefield, a prominent player in India's real estate sector. SMFG India Credit's corporate headquarters will remain in Bandra-Kurla Complex (BKC) in Mumbai.
Embassy 247, a prized asset under the aegis of Embassy REIT, is a premium Grade-A office park sprawling over 1.18 million square feet, nestled in Mumbai's thriving eastern suburb of Vikhroli. Embassy 247 is seamlessly connected to key transportation hubs, and it boasts a reputation for attracting marquee names in the BFSI sector and prestigious Indian conglomerates.
Swaminathan Subramanian, COO at SMFG India Credit, highlights the significance of this move, emphasizing their commitment to creating exceptional workspaces for their growing workforce. The decision to secure this premium office space at Embassy 247 aligns with their vision of providing a strategically located, technologically advanced environment for over 2000 employees. The facility offers state-of-the-art interiors, cutting-edge technology infrastructure, and access to amenities, making it the ideal choice.
Aravind Maiya, CEO of Embassy REIT, expresses excitement about the significant partnership with SMFG India Credit. He highlights their commitment to providing top-tier office solutions and the importance of Embassy 247 as a flagship asset in Mumbai. Their mission is to improve the portfolio's quality and scope by offering state-of-the-art workplaces and comprehensive business ecosystems, encompassing cutting-edge workspaces and vital support infrastructure, and fostering an attractive and sustainable business environment.
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