Goldman Sachs invests $150m in India's Piramal Realty
Goldman Sachs has invested $150 million in the Piramal Group's real estate development arm, Piramal Realty, less than a month after Warburg Pincus committed INR18 billion ($284 million) to the company.
The new funds, like the Warburg Pincus commitment, will be used to expand Piramal's current real estate portfolio and to buy new properties in and around its base of Mumbai. Currently the firm controls...
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