Mumbai based Beyond Squarefeet Advisory Private Limited has acquired IDEAS Consultancy and Advisory - a division of IDEAS Advisory & Property Management Private Limited (India) and the South-Asia arm of Ideas Advisory Pte Ltd (Singapore).
Post this deal, Surjit Rajpurohit will head the mall/asset management business of Beyond Squarefeet as Director – Business Strategy.
IDEAS is a consulting and advisory firm which provides asset management services for retail real estate assets. The firm's strategic consulting arm provides services to all asset classes ranging from Commercial/Office real estate, Residential, Hospitality, Hospitals and Educational Institutions.
Singapore’s sizeable office real estate finance trust by value, the CapitaLand Commercial Trust Management Limited, is all set to buy remaining 60 percent stake in CapitaGreen - Office Space, for about S$393 million ($285 million) from its partners CapitaLand Ltd. and Mitsubishi Estate Asia Pte