BHIVE’s first-ever sale of hard commercial Grade A real estate in Bengaluru
Real Estate

BHIVE’s first-ever sale of hard commercial Grade A real estate in Bengaluru

BHIVE Properties which also runs the largest co-working brand of Bengaluru, BHIVE Workspace, announced its first-ever sale of hard commercial real estate of a Grade A commercial property in Bengaluru, allowing retail investors to earn attractive annual rentals of up to 10.6 per cent on their investm...

BHIVE Properties which also runs the largest co-working brand of Bengaluru, BHIVE Workspace, announced its first-ever sale of hard commercial real estate of a Grade A commercial property in Bengaluru, allowing retail investors to earn attractive annual rentals of up to 10.6 per cent on their investment. The Grade A commercial property at Brigade Metropolis, a marquee property, spanning 22,940 sq ft amounts to a property value of about Rs.8,936 per square ft and has been pre-leased for 15 years, which will provide stable monthly returns. According to CBRE, the new office space supply across top 7 cities is expected to exceed 165 million sq ft between 2023-25 with Bengaluru accounting for 29 per cent of supply in India. Contact: BHIVE Properties Website: www.bhive.properties

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