Keppel to sell Chennai’s One Paramount office park for ₹2,750 crore
Representative image Singapore-based Keppel plans to sell its One Paramount office park in Porur, Chennai, to Prime Offices Fund, managed by Nuvama Asset Management and Cushman & Wakefield (NCW), for approximately ₹2,750 crore, according to sources familiar with the issue. This development highlights the growing investor interest in India’s expanding office market. One Paramount spans 2.4 million square feet and is a Grade-A tech park hosting global tenants like Genpact, Maersk, UPS, VMware, and Hitachi Energy. The property is part of a 12.6-acre development. “The transaction not only showcases the asset’s institutional quality and high occupancy rates but also empowers…