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Mapletree Investments Acquires Prime 41-Acre Land in Bengaluru from Adarsh Developers for INR 1900 Crore

Mapletree Investments, a Singapore-based private equity organisation, bought a 41-acre Bengaluru property tract from Adarsh Developers. At over ₹1,900 crore, the acquisition is part of Adarsh Developers' debt reduction strategy. The site has 7 million square feet of development potential.

By Admin

  • 25th May 2024
  • 1340 Views
Singapore Based Ascott Unveils Premier Serviced Apartments in Gurugram, Expanding its Indian Portfolio

The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.

By Admin

  • 7th Apr 2024
  • 1415 Views
Singapore's GIC in Discussions to Acquire ESR Group's Warehousing Assets for INR 3300 Cr Approx

Singapore's sovereign wealth vehicle GIC is in discussions with warehousing developer ESR group to buy a 10 million square foot warehouse property for $400 million (about Rs 3,300 crore).

By Admin

  • 8th Jun 2023
  • 1356 Views
How Will GIC's Investment of INR 1500K Crore in IRB InvIT to Finance The Hyderabad Ring Road Impact The Hyderabad Real Estate Market?

As per news sources, Singapore's sovereign wealth fund GIC is evaluating a 1.5 trillion rupee (INR) investment in IRB Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by the construction company IRB Infrastructure Developers.

By Admin

  • 21st May 2023
  • 1399 Views
GIC and Brookfield India REIT Sign Agreement to Acquire Two Commercial Properties in Powai and Gurugram

Brookfield India Real Estate Investment Trust (REIT) and Singapore's sovereign wealth fund GIC have formed an equal partnership to acquire two large commercial properties totaling 6.5 million square feet from Brookfield Asset Management's private real estate funds.

By Admin

  • 21st May 2023
  • 1478 Views
Runwal Acquires GIC's Entire 50 percent stake in R City Mall Ghatkopar West, Mumbai

Runwal has purchased Singapore's sovereign wealth fund GIC's entire 50% stake in their joint retail property R City Mall for approximately Rs 1,000 crore to gain full control of the asset in Mumbai's Ghatkopar suburb

By Admin

  • 6th May 2023
  • 1498 Views
GIC Acquires 77 Per Cent Share in The Bulk of British Land Paddington Central Properties For 694 million Pounds

British Land recently announced the sale of 75% of its Paddington Central assets to Singapore's sovereign wealth fund GIC for 694 million pounds (USD 885.9 million), with the UK-based landlord seeking to invest in high-growth industrial sites.

By Admin

  • 26th Apr 2022
  • 1411 Views
GIC Will Pay Rs 2,800 Crore For Three Million Square Feet in Bharatiya City, Bengaluru

The Bhartiya Group and Singapore's sovereign wealth fund, GIC, are in talks to invest Rs. 2,800 crore in a commercial project in Bengaluru.

By Admin

  • 21st Feb 2022
  • 1958 Views
Brigade Group of Bangalore and Singapore Sovereign Wealth Fund GIC Agree to Purchase a 5.5-acre Property in Chennai From TVS

Brigade Group of Bangalore and Singapore Sovereign Wealth Fund GIC Agree to Purchase a 5.5-acre Property in Chennai From TVS.

By Admin

  • 11th Feb 2022
  • 1776 Views
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