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DLF's rental arm plans to acquire Hines stake in Gurugram project

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DLF's rental arm plans to acquire Hines stake in Gurugram project

timestampDec 26, 2020 authorAlShorts Web Desk

Realty major DLF on Friday said its rental arm DCCDL has entered into an agreement to acquire the stake of US-based Hines in a premium commercial project in Gurugram for about USD105.8 million. Hines has around nearly 52 percent stake in the One Horizon Centre while the rest is with DCCDL. The tower One Horizon Center has a leasable area of about 813,000 sq. ft. offering high-end office spaces.

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Several injured after tourist boat sinks in river Nile

Reports warn against violence, deforestation caused by gold mining

PIA to resume flights to Kabul

UAE logs 725 new cases of COVID-19

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