Apple leases 4 lakh sq ft office space in Bengaluru

BENGALURU: Apple has leased about 4 lakh sqft of commercial office space in Bengaluru’s central business district, people familiar with the matter said.

This is the US-based tech giant’s biggest real estate deal in the country.

Apple has signed the lease with Prestige Estates at its Minsk Square building and will pay a rental of Rs 170 per sqft, which works out annually to Rs 82 crore. Apple and Prestige did not respond to requests for comment.