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Oberoi Realty concludes negotiations with Morgan Stanley

13 Jul 2020 Evaluate

Oberoi Realty and Morgan Stanley have concluded negotiations and reached a deal for Morgan Stanley to lease up to 1.1 million square feet office space for 9.5 years from Oberoi Realty to consolidate Morgan Stanley’s Mumbai Global In-house Centre (GIC) operations to a single campus in the city. The new campus will be located at Oberoi Realty’s Commerz III building in Goregaon and will be ready in 2023. 

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.20
DLF 656.15
Oberoi Realty 1734.10
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