 "Canadian investors court Bengaluru realtors for tie ups")
After US investors such as Blackstone and Goldman Sachs, Canadian investors — CPPIB, CDPQ’s arm Ivanhoe Cambridge and others — are courting developers based in southern India, according to sources in the know.
“The investors have approached RMZ, Prestige Estates, DivyaSree Developers and Bagmane group for some kind of joint platform as they believe they can benefit from stable income and the rental appreciation in the Bengaluru office market,” a source said.
Bengaluru accounted for 34 per cent of the total 9.5 million square feet take up in the second quarter of 2017, according to a report by Colliers International. The central
