Sovereign Fund-Backed Indian Real Estate JV Buys Brooke Bond

Posted on 03/23/2015


Major Indian property developer Brigade Group announced the 100% purchase of Brooke Bond Real Estate Private Limited, through Brigade Properties Private Limited, its 2014 joint venture with Singapore’s GIC Private Limited. The seller is Hindustan Unilever Ltd and will no longer be a subsidy to the company. This deal enables Brigade Group to build out […]