Property firm IndoSpace to invest $1 bln in India over 5 years

February 15, 2016 12:42 PM

4 0

MUMBAI Feb 15 Property developer IndoSpace, owned by India's Everstone Capital and U.S.-based Realterm Global, said it will invest $1 billion in India over the next five years to expand its real estate development projects.

IndoSpace, which has so far spent $750 million to develop industrial parks in the country, expects the fresh investment to increase its development pipeline to 50 million square feet from 20 million square feet currently.

Also read: Tiger-backed hedge fund firm Tyrian to close, source says

Read more

To category page

Loading...