Veritas Legal acted on CapitaLand’s $321 million sale of India properties
Mindspace Business Parks REIT and 360 One Alternates Asset Management Limited, a scheme of 360 One Private Equity Fund, (through itself or one or more of its affiliates) acquires a stake of 51% and 49% respectively, in Radial IT Parks Private Limited from AIGP2 Chennai PTE. 2 Limited.
Veritas Legal acted for and advised 360 ONE Alternates Asset Management Limited in connection with its acquisition of 49% stake from CapitalLand in Radial IT Park Private Limited at a deal valuation of INR 3000 crores.
The Firm’s role included conducting legal due diligence on the target, drafting, negotiating and finalizing of the transaction documents, including the SPA, SHA and other transaction documents, and assisting with conditions precedents and closing formalities.
The transaction was led by our Senior Partner, Manav Raheja in the Corporate practice, along with Principal Associates Parshva Doshi, Avadhoot Potnis, and Associates, Kritvi Kumar and Ishan Mhapsekar supporting the transaction documentation and due diligence aspects of the deal.
The real estate aspects of the transaction were led by Nainaaz Irani, Partner in the Real Estate practice.
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