Private equity fund Xander Group recently signed two large property deals in the country, one wherein it bought a special economic zone in Chennai for Rs 2,200 crore and in another it bought a mall in Chandigarh for Rs 700 crore. Sid Yog, founder of Xander, which has committed over $2.3 billion in the country, discusses recent acquisitions and strategy going forward with Raghavendra Kamath.
You have signed two deals in India. How do you look at the valuations? Have valuations gone up because of competition for rental assets?
We look at valuations deal by deal. Sometimes you see things in
