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Yelahanka , Bangalore
10.00%
HIGH RENTAL YIELD
18.8%
HIGH RETURNS
Rs 7,450
ATTRACTIVE PRICE
Airport Road
LOCATION
Name
Philips India
Country
Netherlands
Description
Global major in electronics and health technology
Time Period
Lease Start Date
01 Apr 2023
Lock-in Period
5 YEARS
Lease End Date
01 Apr 2038
Tenant Highlights
1,74,497 SF
Total Area
₹57
Rent Per SF
15 YEARS
Lease Period
15%
Escalation
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Embassy Business Hub is strategically located is located on the International airport road, one of the largest and fastest growing office market in Bangalore.
Proposed unit is spread across c. 3.5 floors totaling 174,497 sf
There is a unique opportunity to purchase 174,497 sf in Embassy Business Hub, Bangalore, tenanted to Philips at an all-in price of Rs. 143,00,00,000 (Rs. 7,450 per sf) implying a 10.00% yield and 18.8% IRR for eligible investors.
Embassy Business Hub (Phase I) is a 0.65 million sf Grade A+ project with B + G + 13 floors on the International Airport Road and is purpose built for Philips India.
We believe this is a unique opportunity to acquire a leased Grade A asset with a 5 year lock-in and a blue chip tenant.
Investment Note
Detailed Investment Note
Legal Title Report
Detailed Report on the Title diligence of the property by Trilegal
How much do you want to invest?
Rental Yield
10%
Monthly Rent
₹ 18,789
Ownership
0.2%
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