RMZ rents out space to Honeywell

Honeywell Technology Solutions (HTS) is acquiring 1 mn sq ft of office space in Bengaluru, making it the second-biggest office leasing deal in the country in the last two years. At 48 per sq ft, the company is expected to pay an annual rental of close to Rs 58 crore for the office space in RMZ's special economic zone, RMZ Ecoworld. HTS will use around 5 lakh sq ft of the space for consolidating its existing offices in the city while the rest will be used for business expansion. Contact: RMZ. Tel: 080-4000 4000. Fax: 080-4000 4100. E-mail: gen@rmzcorp.com Website: www.rmzcorp.com