Wed, Jul 27, 2016
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

GIC, Ascendas to invest up to S$600 mln in Indian property

Posted on 20 November 2013

GIC Pte, Singapore’s sovereign wealth fund, and Ascendas Pte plan to invest as much as S$600 million ($483 million) in Indian real estate to meet rising demand for commercial property.
The companies set up the Ascendas India Growth Programme with a target size of S$600 million with GIC being the principal investor, they said in a joint e-mailed statement today. The fund will invest in business space in Bangalore, Chennai, New Delhi and surrounding areas, Hyderabad, Mumbai and Pune, according to the statement………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19103 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
July 2016
M T W T F S S
« Jun    
 123
45678910
11121314151617
18192021222324
25262728293031