Latest news with #HarishFabiani
The Wire
17-07-2025
- Business
- The Wire
A New Chapter Begins: State Street Moves into IndiaLand Tech Park, Strengthening Coimbatore's Rise as a Global Tech Hub
Coimbatore, Tamil Nadu, India (NewsVoir) In a major boost to Coimbatore's commercial real estate landscape, IndiaLand Tech Park, a LEED Platinum-rated IT SEZ campus in Saravanampatti, has welcomed global financial giant State Street as its newest tenant. Known for its eco-conscious infrastructure and premium business environment, IndiaLand continues to attract multinational corporations seeking sustainable and future-ready workspaces in India's tier-2 cities. State Street, a global leader in financial services and asset management, has taken up 2.1 lakh sq. ft. of office space across four floors in Tower D of IndiaLand Tech Park. The official inauguration of the Centre of Excellence took place today, July 16, 2025. With global corporations such as Accenture, Hexaware, Amazon, Bosch, Cognizant, and now State Street operating out of IndiaLand Tech Park, this collaboration marks a significant milestone in the city's economic development. It underscores the growing trend of multinational companies embracing sustainable, Grade-A infrastructure in India's tier-2 cities—positioning Coimbatore as a compelling destination for long-term growth and strategic expansion. This move underscores the growing momentum of Coimbatore as a preferred destination for IT, BFSI, and technology firms. With its robust infrastructure, abundant talent pool, and favorable cost structure, the city is rapidly emerging as a high-potential alternative to traditional metros. Areas like Saravanampatti—an established IT and SEZ corridor in Coimbatore—are witnessing a surge in Grade-A commercial developments, increased demand, and rising occupancy rates. Mr. Harish Fabiani, a visionary entrepreneur and Group Chairman of IndiaLand Corporation, is passionately committed to developing world-class, sustainable infrastructure across India. Under his leadership, IndiaLand has delivered high-performance campuses in key cities including Mumbai, Pune, Chennai, and Coimbatore—each reflecting his forward-looking vision of environmentally responsible and globally competitive business destinations. Salai Kumaran, CEO, IndiaLand Tech Park, expressed his excitement, 'A growing number of global IT giants are choosing to be part of the Platinum-rated, eco-friendly IndiaLand Tech Park community. Their decision to establish a base here reinforces the strategic value of Coimbatore and validates our continued investment in sustainable, future-ready campuses. These partnerships are a proud moment for us.' With operations commencing today, State Street's entry marks a defining moment in Coimbatore's economic development. It also highlights how international enterprises are increasingly turning to sustainable office spaces in India's tier-2 cities to drive long-term growth. This partnership sets a compelling example of how world-class companies, when paired with green infrastructure, can unlock economic potential beyond metro markets—firmly positioning Coimbatore as a rising global business hub. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.).
Fashion Value Chain
16-07-2025
- Business
- Fashion Value Chain
A New Chapter Begins: State Street Moves into IndiaLand Tech Park, Strengthening Coimbatore's Rise as a Global Tech Hub
In a major boost to Coimbatore's commercial real estate landscape, IndiaLand Tech Park, a LEED Platinum-rated IT SEZ campus in Saravanampatti, has welcomed global financial giant State Street as its newest tenant. Known for its eco-conscious infrastructure and premium business environment, IndiaLand continues to attract multinational corporations seeking sustainable and future-ready workspaces in India's tier-2 cities. State Street officially inaugurates its Centre of Excellence at IndiaLand Tech Park, Coimbatore, occupying 2.1 lakh sq. ft. across four floors in Tower D State Street, a global leader in financial services and asset management, has taken up 2.1 lakh sq. ft. of office space across four floors in Tower D of IndiaLand Tech Park. The official inauguration of the Centre of Excellence took place today, July 16, 2025. With global corporations such as Accenture, Hexaware, Amazon, Bosch, Cognizant, and now State Street operating out of IndiaLand Tech Park, this collaboration marks a significant milestone in the city's economic development. It underscores the growing trend of multinational companies embracing sustainable, Grade-A infrastructure in India's tier-2 cities-positioning Coimbatore as a compelling destination for long-term growth and strategic expansion. This move underscores the growing momentum of Coimbatore as a preferred destination for IT, BFSI, and technology firms. With its robust infrastructure, abundant talent pool, and favorable cost structure, the city is rapidly emerging as a high-potential alternative to traditional metros. Areas like Saravanampatti-an established IT and SEZ corridor in Coimbatore-are witnessing a surge in Grade-A commercial developments, increased demand, and rising occupancy rates. Mr. Harish Fabiani, a visionary entrepreneur and Group Chairman of IndiaLand Corporation, is passionately committed to developing world-class, sustainable infrastructure across India. Under his leadership, IndiaLand has delivered high-performance campuses in key cities including Mumbai, Pune, Chennai, and Coimbatore-each reflecting his forward-looking vision of environmentally responsible and globally competitive business destinations. Salai Kumaran, CEO, IndiaLand Tech Park, expressed his excitement, 'A growing number of global IT giants are choosing to be part of the Platinum-rated, eco-friendly IndiaLand Tech Park community. Their decision to establish a base here reinforces the strategic value of Coimbatore and validates our continued investment in sustainable, future-ready campuses. These partnerships are a proud moment for us.' With operations commencing today, State Street's entry marks a defining moment in Coimbatore's economic development. It also highlights how international enterprises are increasingly turning to sustainable office spaces in India's tier-2 cities to drive long-term growth. This partnership sets a compelling example of how world-class companies, when paired with green infrastructure, can unlock economic potential beyond metro markets-firmly positioning Coimbatore as a rising global business hub.
Zawya
12-06-2025
- Business
- Zawya
Harish Fabiani acquires Richman House Business Centre and AED 115mln office space in The Opus, Business Bay
Dubai, UAE - Spanish-Indian entrepreneur Harish Fabiani has made a strategic entry into the business centre operations sector with the acquisition of Richman House Business Centre and 20,000 sq ft of prime commercial space in The Opus by Zaha Hadid, Business Bay. The total transaction is valued at over AED 115 million. This acquisition marks the official launch of Fabiani's flexible workspace platform under the Richman House brand, signaling his commitment to scaling operations in Dubai's most prestigious commercial real estate segment. About Richman House: Dubai's Premium Business Address Richman House Business Centre currently operates 60 fully-equipped offices, with the majority of spaces already leased to leading businesses and high-profile professionals. The business centre is housed inside The Opus, widely regarded as Dubai's most iconic and premium commercial building, designed by the legendary Zaha Hadid. The Opus address has become a hallmark of credibility, prestige, and business confidence. It is highly sought after by high-net-worth individuals, international companies, and elite family offices who value not just the architecture but the strategic positioning and exclusivity it offers. "When a company has an Opus address, it instantly commands respect and confidence in the market," said Fabiani. Financial Milestones & Strategic Outlook AED 100 Million - Current Annual Rental Income Already Secured AED 150+ Million - Expected Annual Rental Income Within Months (Post-Pipeline Closures) AED 115 Million - Investment in The Opus (20,000 sq ft) AED 2 Billion+ - Target Valuation for Upcoming REIT IPO (Planned in 18-24 Months) Expansion Strategy: Building Dubai's Next Generation of Premium Workspaces Following the success at The Opus, the Richman House platform is set for rapid expansion. Thuraya Telecommunications Tower in Barsha Heights is undergoing extensive upgrades to transform into a next-generation premium office tower. The upgrades include super luxury lobby areas, redesigned lift lobbies, extensive tenant lounges, collaborative zones, meeting spaces, a fully-equipped Gym & Spa with Sauna, Massage, Ice Bath, upgraded podiums, and full facade renovation. The tower will offer office spaces from 500 sq ft to full-floor 9,000 sq ft for top corporates. Additional Fabiani-owned commercial assets across Dubai are being evaluated for similar upgrades and offerings. About Harish Fabiani A seasoned Spanish-Indian businessman and investor, Harish Fabiani holds diversified interests in real estate, technology, and capital markets. With a global footprint across the UAE, Europe, and India, Fabiani focuses on strategic growth, long-term capital appreciation, and institutional-grade real estate plays.
