Prestige Estates Projects update on subsidiary Presitge Exora Business Parks

Exora signs term sheet with Reco, a subsidiary of GIC (Realty) Singapore

Prestige Estates Projects announced that its wholly owned subsidiary, Prestige Exora Business Parks (Exora) and Reco Jade Ind (Reco), a subsidiary of GIC (Realty) Singapore have entered into a preliminary term sheet in relation to a possible significant minority investment by Reco in Exora, which owns directly/ indirectly multiple office properties, both operating and under construction.

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