Tag: commercial real estate in Bengaluru

CommercialLatest Stories

Bengaluru Office Leasing Drops 23% to 14.1M Sq Ft in H1 2026

NEW DELHI: In the first half of 2026, Bengaluru reported office transactions totaling 14.1 million sq ft, reflecting a 23% drop year-on-year, as per a Knight Frank India report. This decrease is attributed to a high benchmark set in H1 2025, which included 8.3 million sq ft of pre-commitment transactions. Notably, excluding these pre-commitments, Bengaluru achieved its highest half-yearly leasing volume, the report highlighted. Office completions surged by 407% from the previous year, reaching 10.4 million sq ft in H1 2026 as numerous large-scale projects that faced delays were finally completed. The total office inventory in Bengaluru increased to 254…

CommercialLatest Stories

Target Corp leases 830,000 sq ft office in Bengaluru for 10 years

US retail giant Target Corporation has secured over 8.3 lakh sq ft of office space at Embassy Manyata Business Park in Bengaluru through a long-term leasing agreement, which involves an estimated rental commitment of roughly Rs 1,250 crore. This move highlights the ongoing growth of global capability centers (GCCs) in India’s tech hub. Target Corporation India, the company’s local subsidiary, has leased space spanning the ground and 10 upper floors of a newly constructed commercial building at Embassy Manyata Business Park in Nagavara from Embassy Office Parks REIT. The lease began on September 1, 2025. The lease is a new…