India´s largest consumer goods company Hindustan Unilever has sold its erstwhile headquarters Lever House at Churchgate in south Mumbai to its current tenant, Housing Development Finance Corporation, for around Rs 300 crore. The transaction is part of the lease-and-sell agreement entered into by HUL at the time of leasing out the 1.53-lakh sq ft commercial building to financial institution HDFC in early 2012.
FlashNews:
Texmaco, Touax, TrinityRail JV to Invest ₹18 Billion in 100 Rakes to Boost Railcar Leasing
India’s Aviation Minister Pushes Cost‑Effective SAF Rollout From 2027
Vedanta Uses 4 Billion Units of Clean Energy in FY2026, Cuts Emissions
Suzlon Starts FY2027 Strong with Record Q1 Deliveries, 23% Revenue Growth
India to Develop 44 Airports Under Hub‑and‑Spoke Plan, Civil Aviation Secretary Says
India’s Satellite Communications Push Gains Momentum Through Public‑Private Partnerships: Viasat
India Moves to Give Consumers Choice of Power Supplier Under New Licensing Plan
REC Declares First Interim Dividend as Q1 Profit Jumps 23%
India Nears Two Clean Energy Milestones as BRESE 2026 Set to Welcome Global Leaders to New Delhi
Location Intelligence: The Invisible Layer Powering India’s Digital Public Infrastructure
AI Data Centre Leaders Map India’s Infrastructure Roadmap
Welspun One Signs 15,232 Sq. Ft. with Aditya Birla’s Novel Jewels at WTC Thane
NHAI Launches Framework to Share Highway Data with IITs, NITs and CSIR‑CRRI
UDAN 2.0: Indian Aviation’s Next Act
The Apprenticeship Anchor
Managing India’s Data Centre Surge
Real-Time Public Works
Global Trade at Crossroads
From Cloud to Energy: India’s Geopolitical Stress Test
Home » HUL sells iconic headquarters
HUL sells iconic headquarters
Infrastructure Finance
January 1, 2015January 1, 2015
Leave a Reply
You must be logged in to post a comment.