DLF Cyber City Developers acquires 51.8% stake in Fairleaf Real Estate
Thu, Feb 18, 2021 10:06 PM

DLF Cyber City Developers acquires 51.8% stake in Fairleaf Real Estate

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DLF Cyber City Developers Limited (DCCDL), the rental arm of DLF group, has completed the acquisition of 51.8% stake in Fairleaf Real Estate for Rs 779.40 crore. The company had in December 2020 entered into a Securities Purchase Agreement with funds managed by Hines for the acquisition of their stake in Fairleaf, which owns and operates One Horizon Centre.

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