The Abu Dhabi Investment Authority-backed Lake Shore India Advisory has acquired Viviana Mall in Thane, India, from Singaporean sovereign wealth fund GIC and realty developer Ashwin Sheth Group for $251 million, reported The Economic Times. It is considered the single largest real estate transaction in the country this year.
Viviana Mall is dubbed the largest shopping mall in India, totaling more 1.7 million square feet.
