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Morgan Stanley Real Estate cuts stake in Oberoi Realty with modest returns

By Swet Sarika

  • 21 Apr 2015
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Morgan Stanley Real Estate cuts stake in Oberoi Realty with modest returns

Morgan Stanley Real Estate, the real estate focused asset management arm of financial services giant Morgan Stanley, has sold close to half of its remaining stake in Oberoi Realty Ltd, clocking modest returns in local currency and generating a loss in dollar terms, according to VCCircle estimates.The realty investment firm ......

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