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Jones Lang LaSalle chooses Bangalore for realty investment

Posted on 19 March 2013

Global property consultant Jones Lang LaSalle will be making its first real estate investment from its maiden India-focused fund in Bangalore, a development that indicates a cautious return of risk capital to the country’s beleaguered property market.
The transaction, which will be made by Jones Lang LaSalle’s Segregated Funds Group, will look to invest about Rs 30 crore in city-centric luxury residential projects, according to a person with direct knowledge of the transaction………………………………………..Full Article: Source


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