RMZ Corp & CPPIB sell One Paramount 1, a prime Chennai office asset, to Keppel for $264m.

RMZ Corp & Canada Pension Plan Investment Board sell One Paramount 1, a prime Chennai office asset, to Keppel Ltd for $264m. The 12.6-acre complex with 3 modern towers spans 2.4m sq ft & has tenants like Dow Chemicals, Nielsen IQ, etc. This sale highlights investor confidence in India's commercial real estate & Keppel's desire for high-quality office assets in top markets.

August 06, 2024
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