Wednesday, January 16, 2008

BSR and Lehman Brothers in Indian real estate venture

Another Israeli developers is entering the Indian real estate market. BSR Engineering and Development Ltd. (TASE:BSRE) and Lehman Brothers Real Estate Partners have signed an memorandum of understanding (MOU) to set up a joint venture to buy land in India for the development of residential and commercial projects.
BSR and Lehman Brothers in Indian real estate venture

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