Bengaluru: US-based financial services firm Fidelity Investments has renewed its lease for 300,00 sq. ft office space for its India headquarters at twice the rentals being paid currently to Xander Investment Management, said a person aware of the development. Fidelity India has renewed the lease at Pinehurst, a commercial office building in Embassy Golf Links Business Park, which is owned by Xander. The acquisition was made from Xander’s India office platform“The new lease has been signed at about ₹150 per sq. ft in suburban Mumbai in a combination of a lease and an option to lease additional space.

Source: Mint November 19, 2020 11:37 UTC