Brigade Enterprises enters into MoU to set up Rs 1500 crore JV

With GIC, Singapore for residential & mixed-use developments

Brigade Enterprises announced that Brigade Group and GIC, Singapore's sovereign wealth fund, through its affiliate Company, have entered into a Memorandum of Understanding on 01 September 2014 to jointly invest up to Rs. 1,500 crore in residential and mixed-use developments in select cities of South India. The Joint Venture aims to acquire land for residential and mixed-use developments.

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