Avighna Group, a Mumbai-based company, has purchased Emaar Business Park 3, a mixed-use commercial property in Dubai, for approximately Rs 555 crore.
Emaar Business Park 3, developed by Emaar, was previously owned by Bank Muscat's Izdihar Real Estate Fund. The property is located on Sheikh Zayed Road, a well-known thoroughfare in Dubai, and offers around 150,000 square feet of commercial and retail space.
This purchase further expands Avighna Group's portfolio in the region.