NovoNordisk_CushmanWakefield_RPF_FINAL

46 Novo Nordisk | Cushman & Wakefield

Broker Opinion of Rent: 516 - 592 INR per sqm monthly NNN This is an established micro market with total inventory of 2.7M sqm. Continued deferrment of expansion plans by Occupiers may lead to softening of rentals in the short-medium term making the market favourable for consolidation opportunities. Old and inefficient standalone building with aging Infrastructure (MEP), no amenities and ingress / egress challenges There is an opportunity for conslidation to achieve operational efficiency. LEASE OVERVIEW SUBMARKET OVERVIEW MARKET OVERVIEW Landlord: Genisys Integrating Systems Submarket Name: Peripehral East - Whitefield Market Name: Bengaluru / Bangalore Lease Expiration: 31/08/2022 Submarket Rent: 592 - 753 INR per sqm monthly Annual Market Rent: 882 INR per sqm monthly Client Occupied Area: 4,852 sqm Annual Rent Growth: 0 Annual Rent Growth: 0 Asset Type: Office Vacancy Rate: 0 Vacancy Rate: 0 Class: B Inventory Area: 418,691 sqm Inventory Area: 874,766 sqm Under Construction: 692,523 sqm Under Construction: 3.6M sqm

MARKET INSIGHTS

Plot No.32, 47-50, EPIP Area, Whitefield (Genesis Building) | Bengaluru, Karnataka India