Brigade Tech Park - Investment Case: Listen to Kunal, Property Share Co-founder & Chief Investment Officer, speak about the property, the pricing, the tenant and why Whitefield is such a great office market
There is an opportunity to purchase a 17,468 square feet commercial office space in Brigade Tech Park, ITPL, Whitefield, Bangalore for an all-in cost of Rs. 10,15,00,000 (Rs. 5,811 per sf) which implies a 8.31% yield . This increases to 8.64% through annual 6% contractual rent escalation.
Brigade Tech Park is a Grade A office development by the Brigade Group comprising two towers, of which Tower A is owned by the promoter of Brigade.
Brigade Tech Park is located next to ITPL, Bangalore’s oldest tech park with tenants including TCS, Xerox, IBM, GE, Atos, Oracle, Perot.
Whitefield is the 2rd largest office market in Bangalore with approx. 30 million sf of office stock (25% of total Bangalore market) with offices of TESCO, GE, TCS, Accenture, SocGen among others.
Whitefield is the 2rd largest office market in Bangalore with approx. 30 million sf of office stock (25% of total Bangalore market) with offices of TESCO, GE, TCS, Accenture, SocGen among others
Well laid out floor divisible into 4 separate office with lifts in the middle and bathrooms in the four corners.
Name : Standard Chartered
Country : UK
Office Locations : Various
Description : Standard Chartered Bank is a British multinational company headquartered in London. It operates more than 1,200 branches across 70 countries and employs around 87,000 employees. It had a market capitalisation of approximately £24.1 billion as of 26th May 2017.
|DAY 0||Year 1||Year 2||Year 3||Year 4|
|Interest on Deposit||-||3,65,892||3,65,892||3,65,892||3,65,892|
|TOTAL||₹ (10,15,00,000)||₹ 72,37,104||₹ 76,49,377||₹ 80,86,386||₹ 18,60,73,751|