Abu Dhabi Investment Authority (ADIA)-backed Lake Shore India Advisory has bought majority stake in a retail mall project in Hyderabad from Phoenix Group for about Rs 1,000 crore, inclusive of construction funding, said people aware of the matter. The fund has bought a 6.5 acre parcel in Hyderabad which has a development potential of 1.5 million square feet.
— The Economic Times
AZB & Partners advised
2018-10-17
Deal value: $144.7m / INR 10000m
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.