· Manufacturing & Investment · Source: thehindubusinessline.com

Mindspace REIT acquires 51% stake in Chennai IT park for ₹3,000 crore

Mindspace Business Parks REIT has acquired a 51% stake in the International Tech Park Chennai for around ₹3,000 crore, strengthening its footprint in the city’s commercial real estate market. The deal expands its portfolio to over 44 million sq. ft. and reinforces its presence along the key PTR corridor, with the asset featuring strong occupancy levels and prominent multinational tenants.

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