Xander Investment Management, the private equity real estate arm of global investment firm The Xander Group has acquired 100% interest in Weikfield IT Citi Info Park in Pune’s Viman Nagar for $130 million or Rs 900 crore. The 1.1 million-sq-ft commercial office park is leased to diversified tenants like Maersk, WNS, Whirlpool, PTC, Nihilent, Tavisca amongst others, Xander said in a release.

— The Economic Times

AZB & Partners advised Xander Investments led by a team of partners Hardeep Sachdeva and Priyamvada Shenoy, and senior associate Shivang Sargoch.

2019-05-08

Deal value: INR 9 Billion / USD 125.4 Million

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