Overview
- DBS Bank India acted as the sole advisor and green loan coordinator for the transaction.
- The borrowing was undertaken by Tata Realty’s special purpose vehicle for the Intellion Park project in Gurugram.
- Proceeds are earmarked for assets that meet internationally benchmarked sustainability criteria.
- Intellion Park comprises 2.1 million square feet of Grade A office space within Tata Realty’s commercial brand.
- Tata Realty’s Intellion portfolio spans 19.6 million sq ft (9.4 million operational and 10.2 million under development), as company and bank leaders highlighted a focus on sustainable growth and a rising commercial real-estate and GCC ecosystem.