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:
Air India Begins Construction of Advanced MRO Facility at Delhi Airport
TVS ILP Leases 80,000 Sq Ft Visakhapatnam Warehouse to Yokohama Group’s ATC Tires
Viasat Names Six Finalists for Space for Good India Challenge 2026 Finals
India Prepares Mega Agrivoltaics Push as Farmland Solar Potential Surpasses 2050 Power Demand
From Jaipur to Russia: RUSAL Opens New Opportunities for Indian Workers
Sovereign Cloud Emerges as India’s AI‑Ready Digital Foundation
Shivalaya Construction Secures ERES‑47 Transmission SPV for Eastern Grid Expansion from RECPDCL
India’s Open Mobility Pioneer Takes Its Ride‑Hailing Model to Europe
NTPC, Africa50 Join Forces to Develop Power Projects Across Africa
NHAI Introduces Independent Design Checks for Major Bridges and Critical Highway Structures
SITA to Acquire Collins Aerospace Airport Solutions, Expanding Global Airport Technology Capabilities
RITES Dispatches First 18‑Coach Rake to Bangladesh Railway under Export Contract
AM/NS India Signs Pact to Upgrade Four ITIs in Andhra Pradesh under PM‑SETU
KONE Opens India’s First Digital Experience Centre in Pune to Drive Smart Building Innovation
NTPC Seeks Industrial Partners for 26% Equity in Co‑Generation Projects
India Businesses Advance AI, Digital Tools and Sustainability: Autodesk Report
Modi Opens India Mobile Congress, Says Nation Has Shifted from Consumer to Creator
Air India, Akasa Join IndiGo in Raising Fares as ATF Costs Surge 25%
Tata Power Partners with Norway’s Ocean Sun to Pilot Membrane‑Based Floating Solar in India
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.