 "Will exercise first refusal on Hines stake in Gurugram property: DLF")
Even as global investors – including US-based fund manager Blackstone, Canada-based Brookfield Asset Management, German investor Allianz — have bid for the One Horizon Center (OHC), DLF, which owns the property along with US-based investor Hines, has said it will exercise the right of first refusal (ROFR) on its partner’s stake.
Fairleaf Real Estate, the entity that owns OHC is a 50-50 joint venture between Hines and DLF group. The 814,169 square feet 25-storey property in Golf Course Extension in Gurugram is valued at around Rs 2,000 crore, said sources.
A Hines spokesperson said it is looking to
Fairleaf Real Estate, the entity that owns OHC is a 50-50 joint venture between Hines and DLF group. The 814,169 square feet 25-storey property in Golf Course Extension in Gurugram is valued at around Rs 2,000 crore, said sources.
A Hines spokesperson said it is looking to
