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Rising heat can put 4.5% of India’s GDP at risk by 2030. What does it mean for trade and logistics?Trade and logistics is expected to face a significant hit in the face of extreme weather events being witnessed the world over. Building th...- Mapletree Investments buys Chennai IT park for Rs 2,400 croreInstitutional investors, including private equity, sovereign wealth and pension funds, have been increasingly showing interest in picking u...
- Mapletree bid highest for Chennai IT parkMapletree has offered about Rs 2,450 cr for SP Infocity, jointly owned by the Canada Pension Plan Investment Board and Shapoorji Pallonji I...
- GIC, Mapletree in final lap for Chennai parkThe transaction for the commercial property, located in Chennai’s Old Mahabalipuram Road, is expected to be worth anything between ₹2,200 c...
- Blackstone, Brookfield, Ascendas in race to buy Chennai IT ParkThe commercial property has 2.7 million sq ft of leasable space and is 99.4% occupied. Amazon India, World Bank, HSBC and BNP Paribas are s...
- Embassy Group buys part of Chennai SEZ unit from SNP InfrastructureWhile Embassy will build office property over 4 million sq ft, the remaining will be used for integrated development comprising residential...
- Embassy Group acquires SEZ project from SNP infraEmbassy Group has partially acquired a stalled SEZ project in Chennai from SNP Infrastructure for an undisclosed amount.
- Chennai sees spurt in land transactionsThe biggest deal during this period involved CPPIB and SPREP acquiring SP Infocity IT Park in Chennai for $220 million or nearly 1,460 cror...
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