| K Raheja Corp, one of the largest developers of IT parks, is in talks with Singapore-based Temasek Holdings and American private equity firm Warburg Pincus to sell stake in its office space holding company, said a source in the know.
While it could be Temasek’s first investment in Indian real estate, Warburg has a couple of high profile investments in Indian real estate. A Temasek spokesperson said, “As a matter of policy, we do not comment on market speculation”. An e-mail sent to Warburg Pincus did not elicit any response............................................Full Article: Source
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