AZB & Partners has advised Bangalore-based RMZ Corp on the $2 billion sale of a portion of its real estate assets to Canada’s Brookfield Asset Management.

According to Reuters, the deal involves RMZ’s rent-yielding offices and co-working spaces, and is another example of large foreign investors buying into the Indian office market in recent years.

The AZB team was led by partners Sai Krishna Bharathan, Shivani Kabra, Kunal Kumbhat, Vivek Bajaj, Hufriz Wadia and Hemangini Dadwal.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com

Related Articles

Mumbai: AZB lands tax partner from IndusLaw

by Mari Iwata |

Tax lawyer Shruti KP has left the partnership at IndusLaw to join AZB & Partners in Mumbai.

AZB, Khaitan, SAM guide Sterlite-GIC $1 bln power JV

by Nimitt Dixit |

Indian law firms AZB & Partners and Khaitan & Co have advised energy company Sterlite Power and Shardul Amarchand Mangaldas has represented Singapore sovereign wealth fund GIC on the creation of their joint venture to build a power transmission platform in India.

AZB hires NDA employment head, Poovayya disputes partner

by Nimitt Dixit |

Indian law firm AZB & Partners has made its first partner hires of the year with Vikram Shroff, former head of the employment and labour practice at Nishith Desai Associates, joining in Mumbai, and disputes partner Mrinal Shankar joining from Poovayya & Co in Bengaluru.