BWI: Avanta Expands its Operations in India

Press release from Business Wire India
Source: Avanta
Monday, January 19, 2009 03:40 PM IST (10:10 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Office equipment makers, Real estate; Technology
Release no: 18991
--------------------------------------------------
Avanta Expands its Operations in India
Launches Two Serviced Office Centers in Fort and BKC, Mumbai; Office Spaces Spread Over 70, 000 sq ft together

Mumbai, Maharashtra, India, Monday, January 19, 2009 -- (Business Wire India) -- UK's leading serviced office provider Avanta which had started its India operations in September 2008 by launching its first centre in Connaught Place, Delhi, today announced its consolidation & expansion plans for Indian market with launching two more serviced office centres in Mumbai.

The company today launched two other serviced office centers, Oval House & Platina, simultaneously in Fort and Bandra-Kurla Complex, Mumbai. Oval House which is located in main business district of Mumbai, next to Stock Exchange at Fort, has 20,000 sq ft of space spread over 7 floors. The other facility, Platina, is located at Bandra Kurla Complex, which is becoming one of Mumbai's most prestigious business addresses. The Platina centre spread over 2 floors with 50,000 sq ft of office space offers the same high quality standards along with a panoramic view of the city.

Both the office spaces will offer its customers modern, high tech accommodation for businesses - large or small - from two people, furnished executive suites to entire floors that are configured to meet each customer's needs. As with all Avanta serviced office centres, both Avanta centres in Fort and BKC feature cutting edge communications technology, including VoIP telephone systems, scaleable internet access and dedicated client server rooms.

"In the context of the current global economic slowdown, Avanta serviced offices provides companies with immediate occupation of top quality office space for minimal up-front cash requirements and total flexibility in terms of length of stay. Our Delhi centre launched in September last year, has received encouraging response from companies and we are sure our centres in Mumbai too will repeat the success we saw in Delhi", said Sean Morgan, Managing Director, Avanta, India & Middle East.

The group plans to expand serviced office centres from 3 to 12 in key metros at an investment of $20 million in next three to four years. The initial focus will be to consolidate its existing business along with developing serviced office centres in Mumbai and New Delhi.

Avanta's mission is to provide organizations of all sizes and types with what they really want: well-equipped, non-branded and high quality office accommodation in prime locations; flexible services and contracts; transparent pricing and exceptional value for money.

About Avanta:

Avanta is a leading name in the serviced office market, with a rapidly growing portfolio of office suites in prime locations across the United Kingdom. Since its inception in 2004, Avanta has enjoyed rapid expansion and now manages office space across locations and is continuing its UK and international expansion programme. Avanta offers highly flexible, non-branded office space with advanced and competitively priced technology, tailor-made to meet the requirements of the occupier.

Avanta was formed in London, England in January 2004 by a team of executives with high level experience of running major business centre networks internationally. The company began operations in London but quickly expanded its portfolio to other towns and cities across the UK. As a matter of policy, Avanta refurbishes and re-equips every centre it acquires to the highest specifications; specifications created in close consultation with its users.

During 2007 a management buyout took place with the backing of the Kenmore Property Group. This provided the company with funds to fuel further expansion in UK and internationally, including growth markets of India, China and the UAE.

Visit www.avanta.co.uk and www.avanta.co.in for more details.


CONTACT DETAILS
Pratip Biswas, Comma Consulting, +91 9987022573, pbiswas@comma.in
Rupa Kannan, Comma Consulting, +91 9819534461, rkannan@comma.in

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, OFFICE EQUIPMENT, REAL ESTATE, TECHNOLOGY

If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.

Submit your press release at http://www.businesswireindia.com