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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

GIC, Ascendas to pump in Rs 3,000 cr in realty projects

Posted on 21 November 2013

Singapore’s sovereign wealth fund GIC and business space solutions provider Ascendas Pte Ltd will jointly invest around Rs 3,000 crore towards developing commercial real estate in India.
The money would be invested through Ascendas India Growth Programme (AIGP), in which GIC is a principal investor. The extent of GIC’s investments in AIGP has not been disclosed though……………………………….Full Article: Source


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