Rs 2,600 Crore Bet on India’s Office Boom—Executive Centre’s IPO Could Be a Game-Changer

The Hong Kongheadquartered highend flexible space player, The Executive Centre (TEC), is reportedly making arrangements for a Rs 2,600 crore initial public offering (IPO) in Mumbai, to take advantage of India's booming demand for office space management. The move places TEC in the growing list of foreign players making big bets on India's commercial realty revolution.

 

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Sources: Moneycontrol, Economic Times, Business Standard, The Hindu BusinessLine, Rediff Moneynews