SWFI First Read, December 31, 2016

Happy New Years!

K Raheja Corporation and GIC Acquire Property in Mumbai

Indian property developer K Raheja Corporation and Singapore’s GIC Private Limited, through its unit Reco Solis Pte Ltd, partnered together forming a joint venture called Whispering Heights Real Estate to acquire land from Siemens. Whispering Heights Real Estate acquired the leasehold interested located in Worli, Mumbai for Rs 610 crore.

QUIET: GPIF Applies Currency Hedging on Foreign Investments Regarding Euro

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