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Singapore's Mapletree buys part of Chakan warehouse for $45 million

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₹2,400 crore from Canada Pension Plan Investment Board (CPPIB) and Shapoorji Pallonji Investment Advisors. In December 2019, Mapletree bought a prime eight-acre land parcel for ₹170 crore in Pune, near the city’s airport, from Ajanta Enterprise, a special purpose vehicle held partly by real estate construction firm, Vascon Engineers Ltd.

Mapletree is building a 1 million sq ft office space here at a project cost of ₹1000 crore.Mint had earlier reported that Mapletree has been gearing up to invest in India’s logistics space.

In 2018, the firm had appointed Souvik Mukherjee to head logistics development in India and for office investments, and Hardeep Dayal as head of investments and asset management, to spearhead these acquisitions.The.

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