Uttara Bank’s
head office is located in Motijheel, Dhaka, housed in its own 18-story
building. Aftab Group is a tenant occupying four floors of the building,
housing five entities, including the group’s head office. The space was rented
out 14 years ago at a “dirt cheap” rate.
According to
the agreement, the lease was supposed to be renewed every two years with a
condition to increase the rent. However, that renewal never took place to this
day, and the offices continue to operate uninte...