Intentar ORO - Gratis
Xander sells B’luru office building to Embassy Reit for ₹852 cr
Mint Chennai
|December 04, 2025
Investment firm Xander Group Inc. has sold an office building in Bengaluru’s Embassy Golf Links business park to Embassy Office Parks Reit for ₹852 crore, said a person aware of the matter.
The building, Pinehurst, is fully leased to Fidelity India. Xander India’s office platform had bought it from Sanjay Ghodawat Group for ₹350 crore in 2018 to expand its commercial office portfolio in India.
Embassy Reit said on Wednesday it had entered into definitive agreements to acquire a 0.3 million sq. ft property as part of its growth strategy. It declined to disclose details of the seller and tenant. “Once the deal is closed, Xander will exit the investment,” said the people cited above, who did not wish to be named. Property advisory JLL India is the transaction adviser.
Esta historia es de la edición December 04, 2025 de Mint Chennai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Chennai
Mint Chennai
Green Revolution 2.0: Climate action in the food sector
India’s food sector employs millions and is a major contributor to its economy.
3 mins
December 11, 2025
Mint Chennai
Regulator opens $177 bn pension pool to wider investments
India’s pension regulator has broadened investment opportunities for National Pension System (NPS) fund managers, allowing deeper participation in equities, bonds and alternative assets as part of a sweeping update to investment norms.
1 min
December 11, 2025
Mint Chennai
Why financial planning is important for a paw parent
Before bringing a pet home, it is crucial to know the long-term costs, responsibilities involved
4 mins
December 11, 2025
Mint Chennai
Why new service road rules will raise costs
India’s highway projects are set to become more expensive after the government mandated that service roads and slip roads must be built to the same standards as the main carriageways.
2 mins
December 11, 2025
Mint Chennai
France's Servier sharpens India focus with mfg tie-ups, trial plans
French pharmaceutical group Servier is sharpening its India strategy with a string of new oncology launches focused on rare cancers, plans for local manufacturing of active ingredients, and a move to bring global clinical trials to the country.
1 min
December 11, 2025
Mint Chennai
US pushes farm access in trade negotiations
USTR) Jamieson Greer told the American Senate on Tuesday (US time) that India has put for-
1 min
December 11, 2025
Mint Chennai
HC bars Sun Pharma's obesity drug in India
Pharma giant can't sell weight-loss drug in India till Novo’s patent expires
2 mins
December 11, 2025
Mint Chennai
Nestlé India chief drives tech-led reboot
Nestlé India's new chairman wants to leverage tech to improve end-to-end efficiency, and not just in the company's factories, supply chain or sales
3 mins
December 11, 2025
Mint Chennai
Tata Steel board nod to expansion plans
The board of Tata Steel Ltd on Wednesday cleared a series of expansion initiatives as part of its long-term India growth strategy.
1 min
December 11, 2025
Mint Chennai
Rupee falls 7 paise against US dollar
The rupee depreciated 7 paise to close at 89.94 against the US dollar on Wednesday, tracking a negative trend in domestic equities and sustained foreign fund outflows.
1 min
December 11, 2025
Listen
Translate
Change font size