Indiareit to launch $500m India fund
Indiareit Fund Advisors, a real estate investor backed by Indian entrepreneur Ajay Piramal, is planning to launch a $500 million offshore fund that will invest in domestic development projects.
The company's managing director and CEO, Ramesh Jogani, told Reuters that the vehicle will begin seeking contributions from US, European and Asia-based LPs after June. "Investors are better educated...
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