Embassy Office Parks REIT has completed a lease renewal in Embassy Manyata, Bengaluru with Nokia Solutions and Networks India.
Embassy Manyata is one of the largest business parks in India with an operational area of around 12 million square feet. Spread over 121 acres, Embassy Manyata is a people-centric integrated business park with commercial, retail, planned hospitality spaces and is located on the Hebbal Outer Ring Road; the epicenter of Bengaluru’s Northern corridor. The business park enjoys quick access to the airport via Hebbal-Airport expressway and is strategically located between CBD and Airport.
Vikaash Khdloya, Deputy CEO and COO of Embassy REIT, said, “This deal underscores Embassy REIT’s position as the landlord of choice for top Indian and multinational corporates. Driven by global technology trends and enhanced wellness requirements, International occupiers in India are anticipating the next phase of growth; and we believe that Indian office market remains best positioned to benefit from this clear trend.”
