Shapoorji Pallonji’s Imperial Avenue Receives Investment from Hayfin Capital Management

Shapoorji Pallonji’s Imperial Avenue Receives Investment from Hayfin Capital Management

DUBAI, United Arab Emirates – Shapoorji Pallonji International Property Developers (SPIPD), the development arm of Shapoorji Pallonji, one of India’s largest business conglomerates, announced that it has secured an investment from Hayfin Capital Management LLP (Hayfin), one of Europe’s leading alternative asset management firms headquartered in London, UK, to finance the delivery of the landmark Imperial Avenue project in Downtown Dubai. The advisors for this transaction were Houlihan Lokey, Dubai. Cyrus Engineer, Managing Director, Shapoorji Pallonji (SP) International Property Developers, commented: “The Dubai real estate market has seen considerable buyer…