Daily Briefing: PE firm Xander Investment buys office park for $130m; Proptech firm UrbanAgents raises $2m seed round

And government-backed LongHash first startups collectively raise $9.7m in Q1.

From DealStreetAsia:

Singapore’s Xander Investment Management on Thursday said it has acquired Weikfield IT Citi Info Park, an office park in Pune, for $178.93m (US$130m) as global investors deepen their presence in India’s expanding commercial office sector.

Xander has bought the 1.1 million sqft office park from private equity firm New Vernon Capital, which counts Maersk, WNS, Whirlpool, Nihilent and Tavisca Solutions among its tenants.

Xander Investment is the private equity real estate arm of The Xander Group, a global investment firm.

The transaction reaffirms a surge in interest among global institutional investors in acquiring office assets across India to capitalize on a steady performance by the commercial office sector.

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