18.11.2011 - Temasek Holding acquires Assetz Global Tech Park
Temasek Holdings has bought out the promoters of Assetz Global Technology Park for Rs800Cr through it's subsidiary - Mapletree India China. Assetz Global Tech Park located on Bangalore's Outer Ring Road, is an integrated mixed-use development, which has a developable area of 15 acres or 2.5 million sq ft. As of October 2011, five lakh sq ft of developable area within the business park was operational, leased to LSI Logic. The project was a JV between Singapore based - Assetz Property Group and Delhi-based investor Mithilesh Tripathy............................................Full Article: Source
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