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$2430 (Fixed Invest)
Description
This is a rare opportunity to purchase 1,71,402 sf in a LEED Platinum building – Prestige Tech Platina on Outer Ring Road in Bangalore tenanted to a US-based company on a 9-year lease (7-year lock-in), at a price of ₹10,600 per sf implying a 10% yield and a 17.5% IRR.
Prestige Tech Platina is a LEED Platinum building on the main Outer Ring Road and is part of the larger Prestige Tech Park campus with MNC tenants like JP Morgan Chase, Adobe, Schneider Electric and Juniper Networks.
We believe this is a great opportunity to acquire a LEED Platinum asset developed by the Prestige group at a low purchase price of ₹10,600 per sf with a 7-year lock-in in Bangalore’s largest micro-market.
Amenities
Shared Gym
Playground
Swimming Pool
Parking
Health Club
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