Wed, Oct 1, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

GIC official warns of oversupply in India hotels, malls

Posted on 17 September 2010

From Indiatimes.com: The Government of Singapore Investment Corp’s (GIC) real estate arm warned on Thursday about a looming oversupply of luxury hotels and malls in India although it remained bullish about the country’s longer-term prospects.

“I would probably stay away from luxury hotels because I think there is a huge supply coming… I would also stay away from retail malls in the short term for the same reasons,” GIC Real Estate Deputy President Goh Kok Huat said at a property seminar in Singapore…………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14845 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031