Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Singapore-based Keppel set to divest Chennai's One Paramount office park for Rs 2,750 cr
M & A Critique
|October 2025
Singapore-based Keppel is set to divest its office asset One Paramount office park in Porur, Chennai, to Prime Offices Fund, managed by Nuvama Asset Management and Cushman & Wakefield (NCW), for about 2,750 crore, according to people familiar with the matter.
-
The development underscores surging investor interest in India's burgeoning office markets.
Spanning 2.4 million square feet, One Paramount is a Grade-A tech park housing global tenants such as Genpact, Maersk, UPS, VMware and Hitachi Energy. The property is part of a 12.6-acre development.
Queries emailed to XX did not elicit a response till press time.
In mid-2024, Singapore-based global asset manager and operator Keppel had acquired One Paramount 1 tech park in Chennai for about Rs 2,100 crore. The prime office asset was jointly owned by real estate developer RMZ Corporation and Canadian pension fund CPP Investments.
Diese Geschichte stammt aus der October 2025-Ausgabe von M & A Critique.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON M & A Critique
M & A Critique
Dr. Agarwal Hospital Group Merger and Valuation Concerns
\"In consideration for the merger, AHCL will issue and allot 23 equity shares of itself for every 2 Equity Shares held in AEHL\"
4 mins
October 2025
M & A Critique
Dr Reddy's inks pact with Johnson & Johnson to acquire vertigo treatment brand
Dr Reddy's Laboratories announced the completion of a definitive transaction with Johnson & Johnson to acquire the Stugeron brand across the EMEA regions, with India and Vietnam as key markets.
1 min
October 2025
M & A Critique
Poly Medicure to fully acquire Citieffe Group at enterprise value of Rs 324 cr
Medical device maker Poly Medicure Ltd said it will fully acquire Italy-based Citieffe Group at an enterprise value of Rs 324 crore (EUR 31 million).
2 mins
October 2025
M & A Critique
Reliance Power to divest Indonesian coal subsidiaries for $12 million
Reliance Power said it has signed an agreement to sell its entire stake in five Indonesian coal entities for a total consideration of $12 million.
1 min
October 2025
M & A Critique
Saipem's investors approve merger with Norwegian oil contractor Subsea7
Shareholders in Italy's Saipem approved a planned merger with Norwegian rival Subsea7, paving the way to the creation of a leading global player in offshore energy services.
1 min
October 2025
M & A Critique
Ventive Hospitality to acquire a 76% stake in Soham Leisure Ventures
Ventive Hospitality has announced that it proposes to enter into definitive agreements to acquire a 76% stake in Soham Leisure Ventures, owner of the Hilton Goa Resort and a land parcel in Goa.
1 mins
October 2025
M & A Critique
Singapore-based Keppel set to divest Chennai's One Paramount office park for Rs 2,750 cr
Singapore-based Keppel is set to divest its office asset One Paramount office park in Porur, Chennai, to Prime Offices Fund, managed by Nuvama Asset Management and Cushman & Wakefield (NCW), for about 2,750 crore, according to people familiar with the matter.
2 mins
October 2025
M & A Critique
NBFC Dhruva Capital announces merger with microlender Vector Finance
Non-banking financial company Dhruva Capital Services Ltd announced its strategic merger with Vector Finance, marking its entry into the microfinance business.
1 min
October 2025
M & A Critique
Kalyani Transco v. Bhushan Power & Steel Landmark IBC Jurisprudence on Resolution Plans
The recent Supreme Court judgment in Kalyani Transco v. Bhushan Power & Steel Ltd. (26 September 2025) - a landmark decision under the Insolvency and Bankruptcy Code, 2016 (IBC) holds significant implications for resolution professionals, lenders, investors, and legal advisors engaged in insolvency and restructuring matters.
2 mins
October 2025
M & A Critique
NCLT okays demerger of TaMo's PV, CV units
Tata Motors Ltd. secured approval from the Mumbai bench of the National Company Law Tribunal (NCLT) for its restructuring plan, paving the way for the demerger of its passenger vehicle (PV) and commercial vehicle (CV) businesses, effective from October 1.
1 mins
October 2025
Listen
Translate
Change font size