India: Tata Realty & Infra buys Actis stake in commercial project Intellion Square

India: Tata Realty & Infra buys Actis stake in commercial project Intellion Square

Photo: Pixabay

Tata Realty & Infrastructure Ltd has acquired the entire equity share held by Actis TREIT in TRIL IT4 Pvt. Ltd, now called Intellion Square, Goregaon, Mumbai (TRIL IT4) in an all-cash deal, the company said on Thursday.

A securities purchase agreement was executed between all the parties. TRIL IT4 is part of a joint venture between Tata Realty and Actis that invests in and develops new generation offices.

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