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Showing posts from August, 2019

Microsoft employees will now be able to work from a tree house

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Working for some of the world’s largest tech firms means long hours and high pressure, but there are some perks. Googlers get to use the company's slides, games, beanbags, and other cool stuff when they’re taking a break, while Amazon staff will soon be able to enjoy the three giant biodomes at its company HQ. Not wanting to be left out, Microsoft is building tree houses for its employees. At the Windows maker’s Redmond, Washington campus, Microsoft has built three wooden tree houses in the branches of Pacific Northwest Douglas firs. Builder Pete Nelson, from the TV show “Treehouse Masters,” created the “branch-based meeting spaces,” which the company says are “more Hobbit than HQ, with cinnamon-colored shingles and a gingerbread-house feel.” Two of the tree houses are now open to all employees, with the third one set to open later this year. They’re more advanced than your usual backyard versions, featuring weatherproof benches containing power supplies for plugging in d

Xander acquires 1.1-million-sq-ft Pune office park $130 million

Source: economic times MUMBAI:  Xander   Investment Management, the private equity real estate arm of global investment firm The Xander Group has acquired 100% interest in   Weikfield IT Citi Info Park   in Pune’s Viman Nagar for $130 million or Rs 900 crore. The 1.1 million-sq-ft commercial office park is leased to diversified tenants like Maersk, WNS, Whirlpool, PTC, Nihilent, Tavisca amongst others, Xander said in a release. “Through this acquisition we add a quality  Pune  asset with substantial growth potential, to our ongoing India office value-add strategy,” said Arpit Singh, Principal at XIM, Singapore. According to him, Xander Investment Management continues to expand its office footprint, through operating asset acquisitions and new development projects, leveraging its extensive on-ground operating expertise, tenant relationships and scale. The asset complements Xander’s existing, 100% owned and operated portfolio across key Indian cities, and enables it to offe