US retail giant Target Corporation secures a significant office space in Bengaluru. The company will occupy over 8.3 lakh square feet at Embassy Manyata Business Park. This long-term lease, valued at approximately Rs 1,250 crore, highlights the growing presence of global capability centers in India's tech hub. The deal underscores sustained demand for Grade A office spaces in Bengaluru.

Bengaluru real estate: Target Corporation India Private Limited, has leased 8.31 lakh sq ft of office space at Embassy Manyata Business Park | Real Estate News

US retail giant Target Corporation secures a significant office space in Bengaluru. The company will occupy over 8.3 lakh square feet at Embassy Manyata Business Park. This…

Based on the contracted rentals and escalation clauses, the total value of the transaction is estimated at around ₹1,250 crore over the lease tenure