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AZB Partners advises RMZ Corp

AZB Partners advises RMZ Corp

AZB Partners advised RMZ Corp in acquisition by Mitsui Fudosan of 50 % stake in Akarshak Infrastructure Private Limited. RMZ Corp and Japan’s Mitsui Fudosan have entered into a joint venture of up to $1 billion to set up commercial office spaces in Bengaluru, Mumbai and Delhi. This is the Japanese company’s maiden investment in the Indian real estate market. The companies will start by developing a 3.5 million sq. ft. Office space in Bengaluru’s Outer Ring Road, one of the most coveted micro markets in India and one which is dotted with multinationals, including JP Morgan, Goldman Sachs, ANZ Bank, Cisco, Intel and Accenture. Concerned Partners for the deal were Sai Krishna Bharathan and Vivek Bajaj with Senior Associates Sonakshi Sharma and Samyuktha Santhosh.

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