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Manipal Health picks up hospital building in Bengaluru through 30-year lease
Manipal Health Enterprises has secured a large hospital building in Bengaluru's Yelahanka area. The lease spans nearly 30 years, with total rental payments projected at over Rs 816 crore. This move signifies the hospital chain's ongoing expansion across major Indian cities. The transaction underscores the growing trend of healthcare operators prioritizing long-term occupancy in prime urban markets.
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thehindubusinessline.com
Manipal Health expands Bengaluru presence, adds 2.45 lakh sq ft in Yelahanka at ₹816-crore long-term deal
The lease agreement has been signed for a period of 29 years and 11 months with a starting monthly rent of ₹1.27 crore followed by a structured rental escalation
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hindustantimes.com
Manipal Health Enterprises Pvt Ltd leases hospital building in Bengaluru for ₹816 crore for nearly 30 years
Bengaluru real estate deal: Manipal Health Enterprises Private Limited has expanded its presence in Bengaluru by leasing a hospital building for nearly 30 years | Real Estate News
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economictimes.indiatimes.com
Manipal Health picks up hospital building in Bengaluru through 30-year lease
Manipal Health Enterprises has secured a large hospital building in Bengaluru's Yelahanka area. The lease spans nearly 30 years, with total rental payments projected at over Rs…
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Manipal Health takes Bengaluru hospital building on long-term lease
Manipal Health Enterprises has leased a 245,000-sq ft multi-speciality hospital in Bengaluru's Yelahanka for nearly 30 years, with an estimated total rental outgo of ₹816.1 crore.…