Mapletree a Singapore-based Investments firm is planning to walk out from the Global Tech Park deal for approximately Rs. 2,500 crore. This is said to be one of the biggest commercial private equity exits in India and the biggest in Bengaluru city, the sources said. The sources also informed that the company’s investment in this […]
Continue ReadingWhile expanding its presence in the Indian real estate sector and being the biggest bidder for SP Infocity Chennai, the Mapletree Investments acquired the securities of Faery Estates from SPREP that owns a 2.7-million-sq-ft IT office development space in the same city. Hiew Yoon Khong, Mapletree’s Group chief executive officer said that company’s recent acquisition […]
Continue ReadingThe Mapletree Investments which is a Temasek-owned real estate asset manager purchased Chennai’s IT park for worth Rs.2400 crores. This is the largest ever single realty asset transaction in India and the IT Park bought by the company is known as the SP Infocity in Chennai. The SP Infocity was jointly-owned by the Canada Pension […]
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