16.08.2010 - India: Realty PMS deals see an uptick
From Financialexpress.com: Real estate portfolio management services (PMS) deals are picking up pace as high net worth individuals (HNI) look beyond equities. Industry sources said Birla Sun Life Asset Management Company(AMC), Anand Rathi, ICICI Prudential AMC and Enam are among companies that have entered into deals in this space. Unlike in 2008, when interest was concentrated in the commercial segment, most fund managers are believed to be focusing on the residential segment, this time...........................................Full Article: Source
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