India, Feb. 28 -- Global aerospace and defence major Airbus India Private Limited has leased over 1.51 lakh sq ft of office space at Titanium Tech Park in Bengaluru at a monthly rent of Rs.97.09 lakh for an eight-year term. With this deal, the company's total leased space in the building has risen to nearly 8 lakh sq ft, after taking around 6.2 lakh sq ft last year, according to lease documents accessed by CRE Matrix.
The transaction covers the entire 3rd and 4th floors of a commercial property owned by Whitefield Developers, spanning 1,14,955 sq ft, at a rent of Rs.7,357,120, along with 36,755 sq ft on the ground floor at Rs.23,52,320, totalling 1,51,710 sq ft. The rent is Rs.64 per sq ft per month, the document showed.
For the upper f...
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