Business Park Developer RMZ Corp has entered into a strategic, equal partnership with Mitsui Fudosan (Asia), a subsidiary of Tokyo-based realty company Mitsui Fudosan Co, to develop assets worth around USD 1 billion in major Indian cities. In one of the largest buybacks by a privately held company, RMZ Corp recently purchased 45% shares in it held by QIA and Baring Private Equity Partners for around $1 billion.

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