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Outer Ring Road , Bangalore
8.62%
HIGH RENTAL YIELD
15.9%
HIGH RETURNS
Rs 13,253
ATTRACTIVE PRICE
ORR
LOCATION
Name
LG Soft India
Country
South Korea
Description
Leading global electronics manufacturer
Time Period
Lease Start Date
01 Oct 2021
Lock-in Period
3 YEARS
Lease End Date
01 Oct 2026
Tenant Highlights
84,512 SF
Total Area
₹88
Rent Per SF
5 YEARS
Lease Period
15%
Escalation
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Thane is strategically located is located on Outer Ring Road, the largest and fastest growing office market in Bangalore.
Proposed unit is spread across the 1st and 2nd floors totaling 84,512 sf in Alpha Block
There is a unique opportunity to purchase 84,512 sf in Embassy Tech Square, Bangalore, tenanted to LG Soft at an all-in price of Rs. 123,30,00,000 (Rs. 13,253 per sf) implying a 8.62% yield and 15.9% IRR for eligible investors.
Embassy Tech Square is an 1 million sf Grade A tech park in Outer Ring Road with tenants like Gartner, InMobi, ECI Telecom, Sonus Networks, CrimsonLogic, Syniverse Technologies, among others.
We believe this is a unique opportunity to acquire a leased Grade A asset with a 3 year lock-in and a blue chip tenant.
Investment Note
Detailed Investment Note
Legal Title Report
Detailed Report on the Title diligence of the property by Amarchand Mangaldas
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