| APG Asset Management, one of the world's largest pension asset managers, and at least two sovereign wealth funds-Abu Dhabi Investment Authority and The Government of Singapore Investment Corp-will invest directly in the Indian real estate market, moving away from their earlier strategy of routing investments through private equity funds.
The move to directly invest comes at a time when nearly half the real estate funds in India have been unable to offer attractive returns as India's once soaring real estate sector is crippled by increasing debt and plunging sales...............................................Full Article: Source
|