+
Edelweiss EAAA Adds Pune Office Park to Portfolio
Real Estate

Edelweiss EAAA Adds Pune Office Park to Portfolio

EAAA, the alternatives arm of financial services conglomerate Edelweiss, through its commercial real estate fund Rental Yield Plus (RYP), has acquired a Grade A office park in Pune spanning approximately one million square feet (mn sq ft) of gross leasable area. The purchase expands RYP's portfolio to five point two million square feet (mn sq ft), including approximately one million square feet under binding contracts in Pune. The fund now has a presence across Bengaluru, Gurugram and Pune and continues to target institutional-grade office assets that deliver stable income and yield.

EAAA, the alternatives arm of financial services conglomerate Edelweiss, through its commercial real estate fund Rental Yield Plus (RYP), has acquired a Grade A office park in Pune spanning approximately one million square feet (mn sq ft) of gross leasable area. The purchase expands RYP's portfolio to five point two million square feet (mn sq ft), including approximately one million square feet under binding contracts in Pune. The fund now has a presence across Bengaluru, Gurugram and Pune and continues to target institutional-grade office assets that deliver stable income and yield.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Bevel Gears India Opens Aerospace Gear Plant Near Bengaluru

Bevel Gears India (BGI) has inaugurated a 70,000 sq ft manufacturing facility near Kempegowda International Airport in Bengaluru, dedicated exclusively to aerospace and defence gearing.The facility has been developed to manufacture flight-critical gearing with dedicated production, inspection and quality infrastructure. It will produce spiral and straight bevel gears, zerol and angular bevels, beveloids, hypoid and high-ratio hypoid gears, curvic couplings and precision parallel-axis gearing.The plant will cater to aero-engine, helicopter, UAV, actuation and aerospace gearbox programmes, suppo..

Next Story
Infrastructure Urban

Tata Hitachi Opens New Warehouse at Kharagpur Plant

Tata Hitachi Construction Machinery Company has inaugurated a new warehouse at its Kharagpur manufacturing facility in West Bengal to strengthen its supply chain and improve customer support across India.The facility was inaugurated by Sandeep Singh, Managing Director, Tata Hitachi, in the presence of Hiroshi Hosokawa, President – Spare Parts & Service Business Unit and Executive Officer, along with the company’s senior leadership and employees.The new warehouse is designed to enhance warehousing and inventory management capabilities, enabling more efficient handling and availability o..

Next Story
Infrastructure Urban

Vishnu Chemicals, DCX Chrome Form JV for Chromium Plant

Vishnu Chemicals Limited (VCL) has entered into a definitive joint venture agreement with France-based DCX Chrome SAS to establish a greenfield high-purity chromium metal manufacturing facility in Visakhapatnam, Andhra Pradesh.The two companies will hold equal 50% stakes in the proposed venture. The facility will have an installed capacity of 6,000 metric tonnes per annum and will manufacture high-purity chromium metal for applications across the aerospace, defence, energy, oil and gas, and chemical processing sectors.Under the partnership, DCX Chrome will provide its proprietary aluminothermi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code