31 Mar '16, 4am

Brigade Enterprises, Kansai Nerolac up 5-6% on property deal: "Brigade Group and GIC (Singapore's sovereign w...

Brigade Enterprises, Kansai Nerolac up 5-6% on property deal: "Brigade Group and GIC (Singapore's sovereign w...

Shares of Brigade Enterprises and Kansai Nerolac Paints rallied 5-6 percent intraday Thursday on property deal in Chennai. "Brigade Group and GIC (Singapore's sovereign wealth fund, announced joint acquisition of an approximately 16 acre property in Perungudi from Kansai Nerolac Paints for Rs 537.86 crore," says the Bangalore-based real estate company in its filing. Acquisition was done through Perungudi Real Estates, a special purpose vehicle formed by Brigade Enterprises with GIC. Brigade already has two joint venture projects with GIC, which are development of an IT special economic zone of over 3 million square feet in Brookefields, Bangalore and Brigade Cosmopolis, a residential project. At 09:26 hours IST, the scrip of Brigade Enterprises was quoting at Rs 146.20, up 2.81 percent and Kansai Nerolac Paints was at Rs 293.25, up 4.49 percent on BSE. Posted by Sunil Shan...

Full article: http://www.moneycontrol.com/news/buzzing-stocks/brigade-e...

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DTN India: Brigade Group, Singapore's GIC acquire landmark property in Chennai:

DTN India: Brigade Group, Singapore's GIC acqui...

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misstamchiak.com 30 Mar '16, 10am

Kansai is the western region of Japan, centering around the ancient captials of Kyoto and Nara. Being Japan’s “second regi...