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GIC pays $150M for 50% stake in Mumbai's Mall

23 March 16 - RE+D Magazine
GIC pays $150M for 50% stake in Mumbai's Mall

COMPANIES

PROPRIUS

Consultant - GREECE

LAMDA DEVELOPMENT SA

Developer - GREECE

PEOPLE

Odisseas Athanassiou

Ceo LAMDA Development
Singapore’s sovereign fund GIC has acquired 50% stake in Viviana Mall in Thane, near Mumbai for over Rs 1,000 crore (around $150 million), according to a Business Standard report quoting sources.

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