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Brookfield acquires Hiranandani’s assets

Updated At : 06:21 AM Oct 08, 2016 IST

Mumbai, October 7

Global private equity firm Brookfield Asset Management has signed an agreement with the Hiranandani Group to acquire its offices and retail space in Powai in the megapolis for a whopping Rs 6,700 crore.

At Rs 6,700 crore, this is one of the largest deals in the commercial space and also of the year.

Hiranandani Group, a partnership between brothers Niranjan Hiranandani and Surendra Hiranandani, owns 4.5 million sq ft of office and retail space in Powai, including Hiranandani Business Park and Hiranandani Gardens. PTI

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Brookfield acquires Hiranandani’s assets

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