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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatar fund QIA to invest $300 mln in realtor RMZ in one of largest investment deals

Posted on 23 July 2013

In one of the largest investment deals in the Indian real estate sector, sovereign wealth fund Qatar Investment Authority (QIA) is investing $300 million ( Rs 1,800 crore) in Bangalore-based real estate developer and South India’s largest office space builder RMZ Corp, said three people with direct knowledge of the development.
“The deal is in advance stage. QIA has committed to give money, and it will be based on project requirements. The investment will be equally split into a combination of equity and debt,” said the first person………………………………………..Full Article: Source


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