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MYRE Capital offers new grade A+ office asset in Vaishnavi Tech Park, Bangalore

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3 years ago

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MYRE Capital offers new grade A+ office asset in Vaishnavi Tech Park, Bangalore

MYRE Capital is India’s first new real estate investment platform. This is a joint venture of the renowned construction company Morphogenesis. MYRE ends the 2021 calendar year with a combined AUM of over 1 billion. They have launched their latest products at Vaishnavi Technology Park (VTP) in Bangalore starting this year.

MYRE Capital offers investors the opportunity to invest in rare commercial real estate (CRE) institutional grade assets with a minimum investment of Rs 2.5 lakh. The proposed space is 36,230 square feet. Located in the South Tower of VTP, spanning the entire 4th floor. This opportunity will offer an entry rate of return of 8.7% and a target internal rate of return (IRR) of 16.2%. This comes as office space demand in Bengaluru is expected to reach pre-pandemic levels in 2022, dominated by the financial and tech sectors. Bengaluru is widely regarded as the “Silicon Valley of India” due to the presence of the largest IT company in the country.

Vaishnavi Technology Park (VTP) is strategically located at the intersection of Outer Ring Road (ORR) and Sarjapur Micro Market. ORR is the largest IT hub in Bangalore, while the Sarjapur micro market has a 0% vacancy rate. These micro-markets are home to some of the most prominent multinational tenants, including – LinkedIn, Deloitte, Microsoft, Accenture, HCL, Tata, Wipro.
VTP is a newly built development with 2 office towers and a dedicated retail space. As a testament to the quality of the asset, the entire development has been designed for an IGBC Platinum rating. State-of-the-art construction techniques have been used to achieve long-term minimization of utility costs and maintenance costs.

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The themed building is fully leased to Smartworks, the market leader in managed lease solutions, for a total of 9 years. Given strong demand from blue-chip and multinational tenants, Smartworks has been able to sublease more than 90% of the tower to corporate clients within days of occupying the space. Smartworks is the largest operator in managed leasing and has demonstrated strong leasing capabilities by acquiring over 500 enterprise clients across its pan-India offices including Amazon, Tata, Ernst & Young, Starbucks, Microsoft and more. The space acquired by MYRE is occupied by Groww, one of the largest fintech platforms in the country. Groww recently hired Microsoft Executive Chairman and CEO Satya Nadella as an investor and active board advisor. Groww is also an anchor subtenant in VTP.

MYRE Capital has also launched a first-of-its-kind 3D virtual tour of the development, allowing investors to virtually browse the entire property and give them a more meaningful understanding of the development.

Complete News Source : Construction Week

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

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5 days ago

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January 21, 2025

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

The global phenomenon that is BTS continues to make waves in the music industry, transcending boundaries and captivating audiences worldwide. This time, the spotlight is on Jungkook.

one of the group’s immensely talented members, as his solo song “Seven” is set to dominate the U.K. charts. Let’s delve into the details of this exciting news and explore the factors contributing to Jungkook’s success as a solo artist.

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The Rise of BTS: BTS, a South Korean boy band, has garnered a massive following globally, earning a dedicated fan base known as the ARMY. With their infectious music, mesmerizing performances, and meaningful lyrics, BTS has established themselves as trendsetters and game-changers in the music industry.

Jungkook’s Solo Endeavors: While BTS’s success lies in the collective talent and synergy of all its members, each member has also been exploring their individual artistic ventures. Jungkook, often hailed as the group’s “golden maknae,” has been making waves with his solo projects, showcasing his exceptional vocal prowess and versatility as an artist.

“Seven” Storms the U.K.: News of Jungkook’s solo track, “Seven,” climbing the U.K. charts has taken the music industry by storm. The catchy melody, heartfelt lyrics, and Jungkook’s charismatic delivery have resonated with fans and new listeners alike, propelling the song towards chart-topping success.

Factors Contributing to Jungkook’s Triumph:

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  1. ARMY Power: BTS boasts an incredibly dedicated fan base known for their unwavering support. The passionate ARMY has rallied behind Jungkook, streaming and promoting “Seven” across various platforms, propelling it to the forefront of the U.K. music scene.
  2. Global Appeal: BTS’s international popularity has paved the way for individual members’ solo success. Jungkook’s immense talent, combined with the band’s global recognition, has helped him garner attention and win over audiences beyond the ARMY.
  3. Artistic Growth: Jungkook’s growth as an artist is evident in his solo endeavors. His ability to convey emotions and connect with listeners through his music has struck a chord with fans, creating a strong connection that fuels his solo success.

The Impact of BTS: BTS’s impact on the music industry extends far beyond chart success. Their music promotes self-love, empathy, and resilience, empowering listeners worldwide. Their massive following and achievements open doors for K-pop and Korean artists, fostering cultural exchange and expanding the global reach of Korean music.

Celebrating Music Diversity: The rise of Jungkook’s “Seven” on the U.K. charts also highlights the increasing diversity and inclusivity of the music landscape. It demonstrates that language is no barrier to connecting with audiences, and artists from different cultures can achieve widespread acclaim and recognition.

global impact their devoted fan base. It showcases the power of music to transcend boundaries and connect people from diverse backgrounds. As BTS continues to push boundaries and redefine the music industry, we can eagerly anticipate more solo endeavors from its talented members, each poised to make their unique mark on the world stage.

Note: This blog post is a fictional creation and does not reflect real events or statements by individuals.

Report: BTS Member Jungkook’s Song “Seven” Poised to Top the U.K. Charts

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In exciting news for BTS fans worldwide, Jungkook’s highly anticipated song “Seven” is on track to top the U.K. charts. The track, which showcases Jungkook’s unique vocal prowess and captivating sound, has been well-received by both fans and critics alike. According to recent reports, the song is rapidly climbing the U.K. singles chart, with many expecting it to claim the number one spot soon.

#Jungkook #Seven #UKCharts #BTS #KpopSuccess #Billboard #KpopSolo #BTSArmy #JungkookSeven

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