FedEx leases 1.19 lakh sq ft at Hyderabad’s Phoenix Centaurus for ₹93.2 lakh monthly rent
FedEx Express Transportation and Supply Chain Services India leased 1.19 lakh sq ft at Phoenix Centaurus in Hyderabad for ₹93.2 lakh monthly rent. This five-year lease, effective July 29, 2026, raises FedEx's total occupancy in the building to 3.7 lakh sq ft. The deal reflects the company's ongoing commitment to expanding its presence in Hyderabad's commercial real estate market.