Brigade Enterprises Ltd-latest-market-updates-72974
Brigade Enterprises Partners with abCoffee to Open 6 Outlets
Brigade Enterprises partners with abCoffee to open 6 outlets in Brigade properties, offering tech-driven brewing methods for a premium café experience.
On August 16, 2024, Brigade Enterprises informed the stock exchanges that the company had collaborated with abCoffee. Through this collaboration, abCoffee will open 6 outlets within Brigade properties, enhancing the café experience for tenants and visitors alike.
The company stated that abCoffee will introduce technology-enabled, novel brewing methods to ensure a combination of consistent quality and quick service, primarily designed for busy professionals and visitors on their premises. With a shared vision of adding value to the business atmosphere, Brigade Group and abCoffee are confident of a significant impact on the coffee culture in business and beyond.
Commencing on this partnership, the Vice President of Commercial Business, Brigade Enterprises Limited, Arvind Rao, said, “We partnered with abCoffee in order to enhance the F&B offerings at our office parks. abCoffee is able to retrofit into operational buildings without requiring additional water or gas points. We find the brand youthful, and relevant, providing high-quality F&B at reasonable prices. We are excited to take another step towards enhancing the experience across our campuses.”
The Founder of abCoffee, Abhijeet Anand, said, “We are thrilled to partner with Brigade Group. This partnership between abCoffee, and one of India’s most reputed developers, Brigade Group, aims to enhance the premium beverage choices for India’s evolving lifestyle. Brigade has been instrumental in developing neighbourhoods, and abCoffee is the neighbourhood coffee spot. Together, we look forward to being a part of the daily lives of Bangalore’s residents, whether at home, work, or leisure.”
About Brigade Enterprises
Brigade Enterprises Ltd is a prominent real estate developer headquartered in Bengaluru, South India. The company is expanding its operations across other regions in India. To date, Brigade Enterprises has completed over 250 projects, encompassing more than 70 million square feet of developed space across various sectors, including residential, office, retail, and hospitality, in cities such as Mysuru, Bengaluru, Ahmedabad, Hyderabad, Kochi and Chennai.
On August 16, 2024, the share price of Brigade Enterprises Ltd opened at ₹1,144.05, touching the day’s high at ₹1,148.50, as of 12:01 PM on the NSE.
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