Temasek logs benchmark returns in latest partial exit from India
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Temasek logs benchmark returns in latest partial exit from India

By Swet Sarika

  • 25 Jul 2017
Premium
Temasek logs benchmark returns in latest partial exit from India
Credit: ThinkStock

Singapore government-owned investment firm Temasek has partially exited its almost two-year-old investment in a Mumbai-based public-listed developer, it is learnt.The firm sold a quarter of its 3.6% stake in Oberoi Realty for Rs 130 crore, clocking an internal rate of return (IRR) of around 22-25%. Private equity firms typically chase ......

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