CapitaLand to sell industrial unit spread over 750,000 sq ft
Singapore-based CapitaLand, Asia's largest diversified real estate group, is selling an industrial unit in Chennai that is leased to Pegatron. Spread over 750,000 sq ft, the unit is expected to fetch Rs 600 crore for the firm.
Brookfield, Hines, and Hillhouse Capital are among the interested parties for the land. Pegatron is manufacturing around 750,000 units, including refurbished models, at this unit.
Also Read: Investment worth Rs 19,200 crore planned by CapitaLand