Latest bet gives GIC exposure to four out of India’s five most-valued developers

By Swet Sarika

  • 11 Jul 2018
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Singapore’s sovereign wealth fund GIC is continuing its aggressive run in India’s real estate market by adding another listed developer to its local portfolio.Last month, GIC picked up a 1.4% stake in Oberoi Realty Ltd for Rs 225-250 crore (around $33-37 million).The Mumbai-based developer had launched a Qualified Institutional Placement ......

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