APG commits $175m to India retail JV
Dutch pension fund manager APG Asset Management has committed $175 million to Virtuous Retail South Asia (VRSA), its India-focused retail joint venture with London-based emerging markets investment firm Xander Group.
The company will use the new capital to expand its existing investment capacity and position itself for future growth. Currently, it manages four retail assets totaling about 5.5 million square feet in...
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