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Max Estates shares gain 4% on investment by New York Life Insurance

New York Life Insurance Company invests Rs 388 crore in Max Estates two SPVs, ET RealEstate

Upon the transaction’s close, New York Life will acquire 49% stakes in two SPVs of Max Estates that hold Max Towers and Max House (Phase I & II).

New York Life Insurance Company invests ₹388 crore into Max Estates; to acquire 49% stake in Max Estates two offices

This investment will enable Max Estates to deliver on its aspired growth trajectory of acquiring at least 2 mn sq ft of development opportunity every year

New York Life invests Rs 388 cr in Max Estates SPVs

New York Life invests Rs 388 cr in Max Estates SPVs
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