28.10.2008 - India's sagging real estate shakes up London AIM
From Indiatimes.com: India’s sagging real estate story has conveyed negative signals to the Alternative Investment Market(AIM) in London where at least five India-focused real estate funds are listed. Investors in funds such as Hirco, floated by Hiranandani Developers, Trikona Capital and Raheja’s Ishaan Real Estate have called for a shake up in the corporate and investment strategy of the funds following a 50% dip in their net asset value (NAV) over the past few months, industry officials said..... Full Article: Source
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