CapitaLand to sell Chennai unit leased to Apple supplier
New Delhi: Singapore-based CapitaLand is in the process of selling an industrial unit in Chennai which is leased to Pegatron, one of the largest suppliers of Apple, two people aware of the development said.
The 750,000 sq ft leased asset is expected to fetch nearly ₹600 crore. Brookfield, Hines and Hillhouse Capital are among the shortlisted bidders.
CapitaLand is seeking board approval for rebidding.
