IL&FS PE exits Pune property at a loss

By Swet Sarika

  • 22 Sep 2017
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Credit: Thinkstock

A realty fund managed by IL&FS Investment Managers Ltd (IL&FS PE) has fully exited a residential property in Pune, clocking a sharp loss on its 10-year-old investment in the project.Yatra Capital, a Euronext-listed firm that is advised by IL&FS PE for its investments, had put in €4.58 million in Mumbai-based ......

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