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3084 days ago Metal Injection — Spongebob Squarepants was responsible for the first metal mashup of the modern era, with Job For A Cowboy [link] but now the humor has been refreshed, in glorious HD. This time, Spongebob is signing the tune of DEATH, the track Misanthrope off t... more info
Värde Funds $155 Million for Two Office Developments in Hyderabad, India Tuesday, April 6, 2021 4:30PM IST (11:00AM GMT) Mumbai, Maharashtra, India: Värde Partners, a leading global alternative investment firm, today announced it has provided senior construction financing on two pre-leased office assets in the Gachibowli Financial District of Hyderabad, India. The $155 million facility will be used to refinance and fund to completion over 2.5 million square feet across the two Grade A developments owned by Phoenix Group. T...
Varde extends $155m for two Phoenix office projects Updated: Updated: Share Article AAA Global alternative investment firm Varde Partners is extending a $155 million senior financing facility for two office projects being developed by Phoenix Group in the Financial District here. The $155 million will be used to refinance and fund completion of over 2.5 million sq ft across the two Grade A developments owned by Phoenix Group. Over 1.5 million sq ft has been already pre-let to two multinational companies. Stating that the pre-lease is a reflection of the quality and location of the assets, a...
Varde Partners funds $155 million for two office developments in Hyderabad SECTIONS Share Synopsis The $155 million or Rs 1,137 crore facility will be used to refinance and fund to completion over 2.5 million sq ft across the two grade A developments owned by the developer, Varde Partners said in a release. Getty Images Representative image Global alternative investment Varde Partners has provided senior construction financing on two pre-leased office assets of the Phoenix Group in the Gachibowli financial district of Hyderabad, India. The $155 million or Rs 1,137 crore facility will be used ...
By IPE staff2021-04-06T10:17:00+01:00 Värde Partners is providing $155m (€131m) in funding to help Phoenix Group develop two office assets in India. The global alternative investment firm said the facility will be used to refinance and fund to completion over 2.5m sqft across the two developments in Hyderabad owned by Phoenix. Construction of both projects is well-advanced, with sub-structure development complete and super-structure phases underway. Tim Mooney, partner and global head of real estate at Värde Partners, said: “We see significant opportunity across the Indian office mark...