Phoenix Mills’ latest acquisition of Island Star Mall Developers marks a significant step in consolidating its retail real estate presence.
Phoenix Mills’ latest acquisition of Island Star Mall Developers marks a significant step in consolidating its retail real estate presence. By acquiring CPP Investments’ 49%, Phoenix Mills now owns landmark malls across Bengaluru, Pune, and Indore. The ₹5,450 crore transaction, spread over 36 months, strengthens the company’s portfolio and shareholder value. For comprehensive insights on this deal and other business news shaping global markets, turn to Canada News Network—your trusted partner for finance and corporate updates.
