31 Dec '14, 8am

Ascendas to invest $95 mln in Indian property developer: NEW DELHI, Dec 31 (Reuters) - Singapore's Ascendas In...

NEW DELHI Dec 31 (Reuters) - Singapore's Ascendas India Trust will invest 6 billion rupees ($95 million) over two years in Indian real estate company Paranjape Schemes (Construction) Ltd, the property developer said on Wednesday. Ascendas will initially invest 2.6 billion rupees via listed non-convertible debentures and the remainder by taking a stake in a Paranjape unit developing a commercial project in the western city of Pune close to the financial capital of Mumbai. Overseas investors are betting on a revival in India's commercial real estate space after the Narendra Modi-led government paved the way for listing Real Estate Investment Trusts earlier this year to help cash-strapped developers. Foreign investors, including Blackstone Group, Goldman Sachs, and Singapore sovereign wealth fund GIC , had invested about $1.5 billion in India's real estate sector as of Dec. 1...

Full article: http://www.reuters.com/article/2014/12/31/paranjape-schem...

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Ascendas to invest $95 mln in Indian property d...

reuters.com 31 Dec '14, 8am

NEW DELHI Dec 31 (Reuters) - Singapore's Ascendas India Trust will invest 6 billion rupees ($95 million) over two years in...

Ascendas to invest $95 mln in Indian property d...

reuters.com 31 Dec '14, 7am

NEW DELHI Dec 31 (Reuters) - Singapore's Ascendas India Trust will invest 6 billion rupees ($95 million) over two years in...

Ascendas to invest $95 mln in Indian property d...

finance.yahoo.com 31 Dec '14, 8am

NEW DELHI, Dec 31 (Reuters) - Singapore's Ascendas India Trust will invest 6 billion rupees ($95 million) over two years i...

Ascendas to invest $95 mn in Indian property developer: Singapore's Ascendas India Trust will invest Rs 600 c...

Ascendas to invest $95 mn in Indian property de...

moneycontrol.com 31 Dec '14, 9am

S ingapore's Ascendas India Trust will invest Rs 600 crore over two years in Indian real estate company Paranjape Schemes ...

Singapore's Ascendas to Invest Rs 600 crore in Indian Property Developer

Singapore's Ascendas to Invest Rs 600 crore in ...

profit.ndtv.com 31 Dec '14, 10am

Singapore's Ascendas India Trust will invest Rs 600 crore over two years in Indian real estate company Paranjape Schemes (...

Ascendas to invest Rs 600 cr in Paranjape Schem...

business-standard.com 31 Dec '14, 8am

Singapore's Ascendas India Trust will invest Rs 600 crore over two years in Indian real estate company Paranjape Schemes (...

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