Singapore’s Mapletree may buy Chennai IT park from CPPIB JV for up to $327m

Singapore-based real estate asset manager Mapletree Investment Pte. Ltd is close to buying Chennai-based information technology park SP Infocity, jointly owned by Canada Pension Plan Investment Board(CPPIB) and Shapoorji Pallonji Investment Advisors, for around Rs 2,300-2,400 crore, according to two people aware of the matter.

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