Brigade Enterprises Limited has informed the Exchange regarding a press release dated March 13, 2026, titled "BuzzWorks strengthens presence in Hyderabad by leasing office space to MyComplianceOffice".
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Brigade Enterprises' managed workspace brand BuzzWorks has leased 550 seats at its Mindspace Business Park property in Hyderabad to Dublin-based regulatory technology company MyComplianceOffice (MCO). With this deal, BuzzWorks' total leased office space in Hyderabad now stands at 1.1 lakh square feet. The new office will house MCO's core functions including product engineering, product management, customer success, global operations, and AI-enabled compliance technology initiatives, making it MCO's largest office in India. MCO, which serves over 1,500 financial services firms across 128 countries, established its India entity in 2023 and plans to scale its Hyderabad team further. The development highlights Brigade's growing presence in Hyderabad's commercial real estate market and the increasing preference of global tech firms for managed workspace solutions.
This is a positive operational update that demonstrates continued demand for Brigade's commercial and managed workspace portfolio from global technology tenants, supporting steady leasing income. While not a material earnings trigger on its own, it reinforces Brigade's commercial real estate growth story and the strategic importance of Hyderabad in its portfolio.