India, Aug. 7 -- Bengaluru-based Sumadhura Group has leased five lakh square feet of premium commercial space at its flagship tech park in Bengaluru's Whitefield to major global corporates for an annual rental revenue of Rs.50 crore, the company said in a statement.

Located in Sumadhura Capitol Towers, near Hope Farm Junction on Whitefield Main Road, these long-term lease agreements have lock-in periods ranging from three to five years. Confirmed office occupiers include First Brand Group, Terex India Pvt Ltd, and Saiharmony Solutions India Pvt Ltd. The retail occupiers include Blue Tokai, Belancia, Sinonna, The Harvest salad, the company told HT.com.

Commenting on the transaction, Madhusudhan G, chairman and managing director of Sumadh...