COMPANY DESCRIPTION
IREO is India’s leading real estate private equity firm focused on developing luxury hotels and residential projects. The Grand Hyatt is IREO’s top end luxury multi-use development (residential, office and retail) based in Gurgaon on the outskirts of New Delhi, India. The project is situated on 29 acres of land and is zoned and planned for 400 hotel rooms, 60 serviced offices, 275 Grand Hyatt branded residences and 670,000 square feet of office and retail space. It has been designed by world-renowned architect Foster + Partners who picked Grand Hyatt as their introductory project in India.
TRANSACTION DESCRIPTION
Participated in the fundraising of a co-investment transaction led by IREO that enabled the placement of a strategic equity stake to investors to fund the development of the Grand Hyatt project.