Morgan Stanley will lease up to 1.1-million sq feet office space from Oberoi Realty | The Hindu BusinessLine
To consolidate Mumbai Global In-house Centre operations to a single campus
Morgan Stanley will lease up to 1.1 million sq feet office space for 9.5 years from Oberoi Realty.
This is being done to consolidate Morgan Stanley’s Mumbai Global In-house Centre (GIC) operations to a single campus in the city. The new campus will be located at Oberoi Realty’s Commerz III building in Goregaon and will be ready in 2023. Currently GIC operations in Mumbai are delivered out of three locations.
Commenting on the announcement, Robert Rooney, Global Head of Technology, Operations and Fusion Resilience, Morgan Stanley, said, “The GICs are an integral part of our global business and they allow us to operate more efficiently and effectively as a Firm. We believe that bringing together our Mumbai GIC operations into one centralised campus will serve as a catalyst to creating further agility and synergy across all the GIC functions. The investment is a testament to the Firm’s commitment to India and our staff.”
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