NovoNordisk_CushmanWakefield_RPF_FINAL

47 Novo Nordisk | Cushman & Wakefield

Broker Opinion of Rent: 589 - 803 INR per sqm monthly NNN Current rent is at par with the market Building is located in an Off-CBD micro market with limited office supply and absorption. Strata Ownership - standalone building with no amenities and small floor plan. Need to assess the operations at this site. LEASE OVERVIEW SUBMARKET OVERVIEW MARKET OVERVIEW Landlord: Mona S Kalro Submarket Name: CBD/ Off CBD Market Name: Bengaluru / Bangalore Lease Expiration: 31/01/2024 Submarket Rent: 1,284 – 2,140 INR per sqm monthly Annual Market Rent: 877 INR per sqm monthly Client Occupied Area: 589 sqm Annual Rent Growth: 0 Annual Rent Growth: 0 Asset Type: Office Vacancy Rate: 0 Vacancy Rate: 0 Class: B Inventory Area: 18,691 sqm Inventory Area: 874,766 sqm Under Construction: 61,682 sqm Under Construction: 3.6M sqm

MARKET INSIGHTS

4th Floor, Embassy Vogue, Palace Cross Rd, Vasanth Nagar | Bengaluru, Karnataka India

Lock in period expires in January 2022