Khaitan & Co Advised Ascendas Firstspace On Acquisition Of Dhishan Realty And Dhishan Bulwark By CapitaLand’s CIL 2 Logistics
Khaitan & Co advised Ascendas Firstspace on CapitaLand’s CIL 2 Logistics acquisition of Dhishan Realty and Dhishan Bulwark for ₹153 crore to develop an industrial and logistics park in Karnataka.;
Khaitan & Co Advised Ascendas Firstspace On Acquisition Of Dhishan Realty And Dhishan Bulwark By CapitaLand’s CIL 2 Logistics
Khaitan & Co advised Ascendas Firstspace on the acquisition of Dhishan Realty and Dhishan Bulwark by CIL 2 Logistics (3 and 5), entities of the CapitaLand Group. The transaction involved Dhishan acquiring freehold and leasehold rights over 90 acres of land in Kolar District, Karnataka, to develop an industrial and logistics park. The deal was valued at approximately INR 153 crores.
The Khaitan & Co team advising on the transaction consisted of Sudheer Madamaiah, Pavithra Bt, Kartik Kumar, and Esha Shah.
