Xander completes $40m buyout of Indian office site
Xander Real Estate Partners, the property-focused PE arm of global investment firm The Xander Group, has acquired a Grade A office park in Chennai for $40 million from Appaswamy Real Estates.
The buyout was financed through a combination of debt and equity, as part of Xander's strategy to build a portfolio of well-located and income yielding Indian assets, according to a statement. Located...
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