Värde lends $155 m for two office projects in Hyderabad - The Hindu BusinessLine
Värde lends $155 m for two office projects in Hyderabad April 06, 2021 Värde Partners, a leading global alternative investment firm, has provided senior construction financing on two pre-leased office assets in the Gachibowli Financial District of Hyderabad. The $155-million facility will be used to refinance and fund completion over 2.5 million sq ft across the two Grade A developments owned by the Phoenix Group. To date, over 1.5 million sq ft has been pre-let to two multi-national companies. Construction of both projects is well-advanced, with sub-structure development complete and supe...