Xander Investment Management buys Rs 900-crore office property in Pune

The property named Weikfield IT-CITI Infopark is spread across 1.1 million square feet and has clients such as Maersk and WNS

In one of the largest commercial property deals in the country this year, Xander Investment Management (XIM), the private equity real estate arm of global investment firm The Xander Group, has bought an office property in Pune from another PE firm New Vernon for Rs 900 crore ($130 million)  

The property named Weikfield IT-CITI Infopark is spread across 1.1 million square feet and has clients such as Maersk, WNS, Whirlpool, PTC, Nihilent, Tavisca, and others. 

“The asset complements our existing, 100 per cent owned and operated portfolio across key Indian cities, and enables us to offer a strategic Pune location to tenants,”