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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

DLF To Invest Rs 500 Crore On Developing IT Park In Chennai

Posted on 12 September 2016

Realty major DLF will invest about Rs 500 crore to develop an IT Park in Chennai as the commercial real estate market has picked up in major cities. Earlier, sources had said that Blackstone, Singapore’s sovereign wealth fund GIC and Abu Dhabi Investment Authority are among shortlisted investors.
“We received multiple bids from sovereign funds and global private equity firms. We have shortlisted few,” DLF senior executive director (finance) Saurabh Chawla had said recently………………………………………..Full Article: Source


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