Singapore-based Mapletree Investments, a real estate development unit of investment company Temasek, has purchased information technology (IT) park SP Infocity in Chennai.

SP Infocity was bought for about 2,400 crore rupees ($344 million).

The IT park, with 2.7 million square feet leasable space, is over 99 percent occupied with key tenants, including Amazon India, World Bank, HSBC and BNP Paribas.

In 2015, SPREP Pte Ltd., the joint venture of India-based Shapoorji Pallonji Investment Advisors and Canada Pension Plan Investment Board, had acquired SP Infocity for approximately $220 million.