16.12.2014 - Singapore's GIC enters Indian residential property joint venture
GIC has entered a joint venture on Indian residential housing.Singapore’s sovereign wealth fund said it agreed to co-invest in the development of two residential projects with local builder the Vatika Group. The projects, on India’s Dwarka expressway in Gurgaon, are due for completion in 2018. GIC said the schemes were expected to generate IND2000 crore (€252m) in revenues once completed............................................Full Article: Source
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