Tag: Atul Ruia

GIC and The Phoenix Mills establish a retail‐led mixed‐use investment platform in India with an initial portfolio of $733 mn

GIC, Singapore’s sovereign wealth fund, and The Phoenix Mills Limited (PML) have entered into a strategic partnership to establish an investment platform (the Joint Venture) for retail‐led mixed‐use assets in India. This platform will seek to develop, own, and operate retail‐led, mixed‐use developments in India, the statement said. GIC will acquire a significant minority stake…