Brigade Enterprises Share Price Gains Over 6% as it Secures Lease Agreement with HealthEdge in Thiruvananthapuram

On August 20, 2026, Brigade Enterprises reported to the exchanges that Brigade Group has entered into a lease agreement with US-based healthcare technology firm HealthEdge, renting out 1.62 lakh square feet of office space at Brigade Square in Thiruvananthapuram, as per the exchange filing.   

This transaction will mark a significant development in the region's real estate sector. 

Lease Agreement Details 

The lease agreement involves HealthEdge occupying a super built-up area of approximately 1.62 lakh square feet. The office space is spread across 11 floors of Brigade Square, located in Phase 1 of Technopark, Thiruvananthapuram. This facility is Brigade Group's first dedicated IT office project in the city. 

Facility Specifications 

Brigade Square covers a total area of 2 lakh square feet and is designed to accommodate the evolving needs of technology-driven operations. The infrastructure includes a dedicated executive floor with a corporate boardroom, private meeting rooms, and executive dining facilities. 

Tenant Profile 

HealthEdge, backed by Bain Capital, is a prominent technology firm that provides AI-powered software and integrated platforms for modernising global healthcare administration.  

The new Indian campus will host various corporate teams, including engineering, product development, technology, operations, and corporate functions. 

Read More: Vipul Organics Share Price Gains Over 8% as it Starts Commercial Production at its Greenfield Facility in Gujarat! 

Corporate Strategy and Regional Impact 

Joint Managing Director Nirupa Shankar emphasised the project's validation of Thiruvananthapuram's technology potential. HealthEdge CEO Kevin Adams highlighted the engineering and AI expertise of their Indian teams.  

Additionally, Brigade Group has signed an MoU with the Kerala Government to develop a 2 million square feet World Trade Center, integrating Brigade Square into a larger regional ecosystem. 

Brigade Enterprises Share Price Performance  

As of August 20, 2026, at 3:23 PM, Brigade Enterprises share price on NSE was trading at ₹625.05, up by 6.36% from the previous closing price. 

Conclusion 

Brigade Group's lease agreement with HealthEdge involves 1.62 lakh square feet at Brigade Square, Thiruvananthapuram. The facility spans 11 floors and supports HealthEdge's technology operations, marking a key development in the region's IT infrastructure. 

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