BNP Paribas leases 5 lakh sq ft office in Mindspace REIT’s Chennai complex

BNP Paribas has signed a long-term lease for around half a million square feet in Chennai. The deal spans four floors within the One Radial commercial complex and is among the largest in the city this year. Office rentals in this area are approximately Rs 90 per square foot per month. Chennai is increasingly appealing to multinational companies due to lower operating costs and a skilled talent pool.