Prime Pre-Leased Investment Opportunity in Whitefield, Bangalore

Whitefield-Hoskote Main Road, Bengaluru, Karnataka, 560067, IN

Description

•JLL is pleased to present a Prime Commercial Real Estate for acquisition in Whitefield, Bangalore

•Developed by Bearys Group, Beary’s Global Research Triangle is a multi-storeyed, lavish and discernible complex offering superior office spaces to the R&D & Software companies

•Strategically located at Whitefield-Hoskote Road, about 7km from Hope Farm Junction in Whitefield, Bangalore

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Attributes

Building area net

13,065 m²

Occupancy

100%

Year built

2011

Land area gross

2.31 ha

Tenants

Schneider Electric and L'Oreal

Parking spaces

146

Building class

Asking price

MYR 61,183,000

Rent PSF

MYR 2.75

Total Annual Rent

MYR 4,645,476.05

NOI

MYR 4,567,000

LEED

Platinum

Media

Investment Highlights

•A rare opportunity to invest in India’s 1st LEED Platinum Research Park - Grade A Commercial Asset

•Asset is presently held in a SPV, however transaction structure is for an Asset Sale

•JLL has been exclusively appointed by the seller to serve as transaction advisors representing the owner for sale of the prime commercial leased property of ~1.40 lakh sft