360 ONE acquires 50% of Bluegrass Business Park for ₹2,400 Cr
Representative image created by AI NEW DELHI: 360 ONE Asset has acquired a 50% interest in Bluegrass Business Park from Brookfield Asset Management’s private real estate fund (Brookfield). The property, a two million sq ft office development located in Kalyani Nagar, Pune, was purchased for an estimated enterprise value of ₹2,400 crore (approximately $280 million). Occupying seven acres, Bluegrass Business Park includes a one million sq ft operational tower leased to Mastercard, alongside an office tower currently under construction that will feature street retail. Brookfield will maintain responsibility for the management, development, and leasing of the property. Shardul Amarchand Mangaldas…