Denemek ALTIN - Özgür
Xander sells B’luru office building to Embassy Reit for ₹852 cr
Mint New Delhi
|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.
Bu hikaye Mint New Delhi dergisinin December 04, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint New Delhi'den DAHA FAZLA HİKAYE
Mint New Delhi
Small-town wealthy dive into high-risk PMS schemes
Sophisticated, high-risk investments are no longer confined to the rich in metropolitan cities.
3 mins
December 04, 2025
Mint New Delhi
JFE's mega deal for Bhushan Steel to help JSW slash debt
In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan Power & Steel Ltd (BPSL) into a new 50:50 joint venture with Japan’s JFE Steel Corp.
2 mins
December 04, 2025
Mint New Delhi
Sanchar Saathi: The flip-flop over a tracking app
India's communications ministry on Wednesday rolled back its move to make Sanchar Saathi, a lost phone tracking app, mandatory for all mobile devices.
2 mins
December 04, 2025
Mint New Delhi
Rupee past 90
For the rupee, finding a floor seems to be getting difficult. On Wednesday, it slid past the psychologically-important 90 mark against the dollar to touch an all-time low of 90.29, before recovering slightly to end at 90.19.
1 min
December 04, 2025
Mint New Delhi
IT sheds weight in indices as AI rises
Combined weight of IT cos in BSE Sensex down to 18-year low
3 mins
December 04, 2025
Mint New Delhi
Indian Gas Exchange board approves IPO
The Indian Energy Exchange (IEX) on Wednesday said the board of Indian Gas Exchange (IGX) has decided to go public to raise funds through an initial public offering (IPO).
1 min
December 04, 2025
Mint New Delhi
Healthify targets US market for growth
Digital health and wellness startup Healthify is making the US its core focus as it looks to make the country its main source of revenue, according to a top executive at the company.
2 mins
December 04, 2025
Mint New Delhi
Airbus cuts target after jet issues
Airbus cut its full-year commercial delivery target by 4% to around 790 jets on Wednesday but maintained its financial goals, sending its shares bouncing higher as the European planemaker cleared the air over its latest industrial setback.
1 min
December 04, 2025
Mint New Delhi
Adani plans $15 bn airports expansion
The Adani Group plans to invest $15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, people familiar with the matter said, helping power India's aviation boom as it prepares to list its airport unit.
1 min
December 04, 2025
Mint New Delhi
Electricity: Empowered markets need good regulation
The power sector has emerged as a key lynchpin of the economic engine that the government is revving up to help drive India’s growth in times of geopolitical tumult.
3 mins
December 04, 2025
Listen
Translate
Change font size