Friday, 24 March, 2023

Cisco renews lease for 2.7mn sqft Bangalore office

<p>American tech giant Cisco has renewed it&#39;s lease contract for 9 buildings in Bangalore, cumulatively taking up 2.7M sqft space. The office, owned by Blackstone Group entity Nucleus Office Parks is situated at Cessna Business Parks, Outer Ring Road in Bangalore. The lease was renewed for the next 5 years, at 20% escalation to existing rentals. Cisco, and other corporates, are renewing leases despite the much-talked &quot;work from home&quot; trends during pandemic.<br /> &nbsp;</p>