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Wednesday, 15 January 2014

IndiGo promoter buys Pepsi's corporate headquarters in Gurgaon for Rs 50 crore

New Delhi: InterGlobe Enterprises, the promoter of budget carrier Indigo Airlines, has bought beverage maker Pepsi's corporate headquarters in Gurgaon, near Delhi, for Rs 50 crore. The 37,000-square feet Pepsi office is in DLF Corporate Park on Mehrauli-Gurgaon Road. The building also houses the headquarters of InterGlobe.
As part of the deal, Pepsi has leased back the space from the buyer until its new office building on Golf Course Road in Gurgaon is ready.


"InterGlobe Enterprises has purchased Building 3B, belonging to PepsiCo, at DLF Corporate Park in Gurgaon," a spokeswoman for InterGlobe said. "We already have our corporate headquarters in the same premises and the additional space has been purchased to cater to future growth plans and centralise operations."
Read News In full 16/01/14 Ravi Teja Sharma/Economic Times

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