ICICI Prudential acquires two Grade A properties for ₹2,600 crore
after close1 source ↓written by the desknot a recommendation
- acquisition of two
- ₹2,600 crore
Shardul Amarchand Mangaldas & Co. advised ICICI Prudential Office Yield Optimiser Fund AIF – II on the ₹2,600 crore acquisition of two Grade-A properties: EcoWorld 21 in Bengaluru and RMZ Edge in Pune from the RMZ Group.
This strategic move enhances ICICI Prudential's portfolio in prime commercial real estate, potentially boosting long-term returns for investors. 📈
Not investment advice. For informational purposes only.