GIC and Xander completed the acquisition of TSI Business Parks Hyderabad from SPREF II for $265m.

Synopsis

Investment companies GIC and Xander, completed the acquisition of TSI Business Parks Hyderabad, real estate development company, from SPREF II, a joint venture between Allianz Real Estate and Shapoorji Pallonji Group, for $265m.

Principals

target

Tsi Business Parks Hyderabad

bidder

Xander Investment Management

Show Details & Financials

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Market Context

Dealmakers

Service Providers (4)

legal advisors

Ashurst

legal advisors

Wadia Ghandy

financial advisors

KPMG

legal advisors

Trilegal

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