This facility represents McDonald’s largest office outside the US and serves as a strategic hub for business operations, technology, analytics, and AI.
This transaction marks the beginning of a phased consolidation of all real estate assets and undertakings of L&T and vest them in L&T Realty Properties.
The portfolio divestment includes a 100% stake sale in Tidong Power Generation Private Limited, which is implementing a 150 MW hydroelectric project in Himachal Pradesh, to JSW Neo Energy Limited.