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The transacted portfolio has assets in Bangalore, Chennai, Pune and the groups co-working operator CoWrks.(Mint | Representational image)

RMZ Corp divests 18% of their real assets worth USD 2 Billion to Brookfield

Bengaluru | By Press Trust of India | Posted by Srivatsan K C
PUBLISHED ON DEC 07, 2020 12:37 PM IST
“The deal between RMZ Corp and Brookfield marks our most important milestones for the year- conversion to a ‘debt-free’ firm. At RMZ, we look forward to enhancing our hypergrowth strategy,” said Manoj Menda, Corporate Chairman, RMZ Corp.
Under construction Residential project in Bangalore.(Mint)
Under construction Residential project in Bangalore.(Mint)

Indian developer RMZ sells real estate assets worth $2 billion to Canada’s Brookfield

By Reuters | Posted by Srivatsan K C
PUBLISHED ON OCT 20, 2020 07:53 AM IST
RMZ will have zero debt after the deal that involves its rent-yielding offices and co-working spaces.
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