Xander signs $350m Hyderabad office project deal

Xander’s Hyderabad office project is located in the city’s financial district of Gachibowli, and the buildings will be delivered in phases between 2020 and 2023. Photo: Livemint.

In its first significant commercial office deal in Hyderabad, Xander Investment Management Pvt Ltd, the real estate private equity arm of global investment firm The Xander Group Inc., will invest $350 million for the development and subsequent acquisition of 4.5 million sq. ft of office space in developer Phoenix Group’s project.

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