IBM has renewed a major lease for 830,000 square feet at Embassy Golf Links Business Park in Bengaluru, with an annual rental of ₹143 crore. This long-term agreement, one of the year's largest office transactions, includes a 10-year term with escalating rent provisions. The move strengthens IBM’s position in a key market, contributing significantly to Embassy REIT’s rental revenue. Despite the rise of remote work, the office leasing market in India continues to grow, reflecting strong demand from major corporations. Read The Rest at :
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