19 Jun, 2013
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Thursday, June 28, 2012 - 14:54 IST
Singapore sovereign fund GIC picks 49% in Bangalore residential SPV of Brigade Enterprises
BY Pooja Sarkar
To invest Rs 105 crore each to develop high-end residential apartments spanning 1 million sq. ft.
Bangalore-based Brigade Enterprise has roped in Singapore’s sovereign wealth fund GIC (through its affiliate Reco Begonia) in a 51:49 private equity partnership to develop a residential project in Whitefield, Bangalore.
Both the realty developer and GIC will invest...
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